XPO (XPO) to Release Earnings on Friday

XPO (NYSE:XPO) will post its quarterly earnings results before the market opens on Friday, May 3rd. Analysts expect XPO to post earnings of $0.67 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

XPO (NYSE:XPO) last posted its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.15. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.92 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 EPS. On average, analysts expect XPO to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

XPO Stock Performance

Shares of NYSE XPO opened at $106.43 on Thursday. XPO has a 12 month low of $42.86 and a 12 month high of $130.51. The company has a market cap of $12.38 billion, a P/E ratio of 66.11, a P/E/G ratio of 2.66 and a beta of 2.19. The business’s 50 day moving average is $121.25 and its two-hundred day moving average is $99.68. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63.

Analysts Set New Price Targets

A number of research analysts have recently commented on XPO shares. Oppenheimer upped their price objective on shares of XPO from $130.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th. Benchmark lifted their price objective on XPO from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. raised their target price on XPO from $97.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, February 8th. Susquehanna increased their price objective on shares of XPO from $100.00 to $140.00 and gave the company a “positive” rating in a research note on Thursday, February 8th. Finally, The Goldman Sachs Group increased their price target on shares of XPO from $98.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Two analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, XPO currently has an average rating of “Moderate Buy” and an average target price of $111.65.

XPO Company Profile

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.