Analysts expect XPO Logistics Inc (NYSE:XPO) to post earnings per share of $1.02 for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have provided estimates for XPO Logistics’ earnings. The highest EPS estimate is $1.12 and the lowest is $0.81. XPO Logistics reported earnings of $0.59 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 72.9%. The firm is scheduled to issue its next earnings report after the market closes on Wednesday, October 31st.
According to Zacks, analysts expect that XPO Logistics will report full year earnings of $3.49 per share for the current year, with EPS estimates ranging from $3.30 to $3.65. For the next year, analysts anticipate that the company will post earnings of $4.43 per share, with EPS estimates ranging from $3.97 to $5.30. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for XPO Logistics.
XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Wednesday, August 1st. The transportation company reported $0.98 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.01. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.29 billion. XPO Logistics had a return on equity of 9.12% and a net margin of 2.84%. The company’s revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 earnings per share.
Shares of XPO Logistics stock traded down $2.02 during trading on Friday, hitting $110.02. The stock had a trading volume of 1,266,514 shares, compared to its average volume of 1,421,404. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.07. The firm has a market cap of $14.48 billion, a price-to-earnings ratio of 56.42, a price-to-earnings-growth ratio of 0.85 and a beta of 2.32. XPO Logistics has a fifty-two week low of $63.28 and a fifty-two week high of $116.27.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. raised its position in XPO Logistics by 10.8% during the first quarter. Principal Financial Group Inc. now owns 14,572 shares of the transportation company’s stock valued at $1,484,000 after buying an additional 1,424 shares during the period. Kendall Capital Management raised its position in XPO Logistics by 58.5% during the second quarter. Kendall Capital Management now owns 5,595 shares of the transportation company’s stock valued at $561,000 after buying an additional 2,065 shares during the period. United Services Automobile Association raised its position in XPO Logistics by 34.3% during the second quarter. United Services Automobile Association now owns 21,321 shares of the transportation company’s stock valued at $2,136,000 after buying an additional 5,449 shares during the period. Creative Planning raised its position in XPO Logistics by 11.0% during the second quarter. Creative Planning now owns 10,612 shares of the transportation company’s stock valued at $1,063,000 after buying an additional 1,052 shares during the period. Finally, Marietta Investment Partners LLC raised its position in XPO Logistics by 534.6% during the second quarter. Marietta Investment Partners LLC now owns 28,418 shares of the transportation company’s stock valued at $2,847,000 after buying an additional 23,940 shares during the period. 92.92% of the stock is owned by institutional investors and hedge funds.
About XPO Logistics
XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, 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; and logistics services for domestic, cross-border, and international shipments.
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