Wall Street brokerages predict that XPO Logistics Inc (NYSE:XPO) will report earnings of $1.04 per share for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for XPO Logistics’ earnings. The highest EPS estimate is $1.17 and the lowest is $0.91. XPO Logistics reported earnings of $0.98 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 6.1%. The business is scheduled to report its next quarterly earnings report after the market closes on Thursday, August 1st.

According to Zacks, analysts expect that XPO Logistics will report full year earnings of $3.51 per share for the current financial year, with EPS estimates ranging from $3.30 to $3.88. For the next financial year, analysts expect that the firm will post earnings of $4.29 per share, with EPS estimates ranging from $3.79 to $5.30. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow XPO Logistics.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Wednesday, May 1st. The transportation company reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.10. The company had revenue of $4.12 billion during the quarter, compared to analysts’ expectations of $4.25 billion. XPO Logistics had a net margin of 2.30% and a return on equity of 11.26%. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.61 EPS.

Several research firms recently weighed in on XPO. Barclays lifted their target price on shares of Black Knight from $56.00 to $66.00 and gave the company an “overweight” rating in a report on Thursday, May 2nd. Deutsche Bank lifted their target price on shares of Keysight Technologies from $100.00 to $120.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Zacks Investment Research lowered shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Saturday, May 11th. Cowen set a $150.00 target price on shares of Tesla and gave the company a “sell” rating in a report on Friday, May 3rd. Finally, Goldman Sachs Group lowered shares of EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday, July 10th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. XPO Logistics has a consensus rating of “Buy” and a consensus target price of $82.80.

Shares of NYSE:XPO traded up $0.45 during midday trading on Wednesday, hitting $58.86. 54,494 shares of the company’s stock traded hands, compared to its average volume of 1,144,864. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.92. The firm has a market capitalization of $5.37 billion, a P/E ratio of 18.44, a PEG ratio of 0.56 and a beta of 2.35. The firm has a fifty day moving average price of $55.03. XPO Logistics has a twelve month low of $41.05 and a twelve month high of $116.27.

Hedge funds have recently modified their holdings of the business. Meridian Wealth Management LLC acquired a new position in XPO Logistics in the 1st quarter worth $34,000. Bronfman E.L. Rothschild L.P. lifted its holdings in XPO Logistics by 20.5% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 1,036 shares of the transportation company’s stock worth $59,000 after buying an additional 176 shares in the last quarter. Cohen & Steers Inc. lifted its holdings in XPO Logistics by 51.8% in the 4th quarter. Cohen & Steers Inc. now owns 1,348 shares of the transportation company’s stock worth $77,000 after buying an additional 460 shares in the last quarter. Parallel Advisors LLC lifted its holdings in XPO Logistics by 2,161.3% in the 1st quarter. Parallel Advisors LLC now owns 1,402 shares of the transportation company’s stock worth $75,000 after buying an additional 1,340 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in XPO Logistics by 54.9% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,451 shares of the transportation company’s stock worth $84,000 after buying an additional 514 shares in the last quarter. Hedge funds and other institutional investors own 88.25% of the company’s stock.

About XPO Logistics

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; logistics services for domestic, cross-border, and international shipments; and managed transportation services.

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Earnings History and Estimates for XPO Logistics (NYSE:XPO)

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