XPO (XPO) to Release Earnings on Wednesday

XPO (NYSE:XPO) will be issuing its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.93 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

XPO (NYSE:XPO) last issued its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.11. XPO had a net margin of 4.48% and a return on equity of 32.49%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same period last year, the firm posted $0.71 EPS. XPO’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, analysts expect XPO to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

XPO Price Performance

NYSE XPO opened at $119.60 on Tuesday. The company has a 50-day moving average price of $112.12 and a two-hundred day moving average price of $111.06. XPO has a 52 week low of $71.55 and a 52 week high of $130.51. The stock has a market cap of $13.92 billion, a price-to-earnings ratio of 39.33, a price-to-earnings-growth ratio of 1.93 and a beta of 2.10. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63.

Analyst Ratings Changes

XPO has been the topic of several analyst reports. Benchmark restated a “buy” rating and issued a $140.00 target price on shares of XPO in a research report on Thursday, September 19th. Evercore ISI lowered their target price on shares of XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, October 3rd. Bank of America dropped their price target on shares of XPO from $135.00 to $134.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd. TD Cowen cut their price objective on XPO from $143.00 to $142.00 and set a “buy” rating for the company in a report on Thursday, September 5th. Finally, Stephens reissued an “overweight” rating and issued a $150.00 price target on shares of XPO in a report on Thursday, September 5th. Two analysts have rated the stock with a sell rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $130.41.

About XPO

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.