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GXO / GXO beats Q1 estimates, raises full-year guidance

GXO beats Q1 estimates, raises full-year guidance
Contract logistics provider GXO Logistics Inc. reported better-than-expected first-quarter results late Wednesday and raised revenue and income guidance for its first full year of operations. The Greenwich, Connecticut-based company (NYSE: GXO), which was spun off by XPO Logistics Inc. (NYSE: XPO) last summer, reported 59 cents per share in adjusted diluted earnings, above consensus estimates of 50 to 52 cents per share and well above the 37 cents per share in the 2021 quarter, when it was still part of XPO. Read More
Posted: May 4 2022, 17:31
Author Name: FreightWaves
Views: 111770

GXO News  

GXO Logistics: Growing Supply Chain Efficiency And Shareholder Value

By Seeking Alpha
September 12, 2023

GXO Logistics: Growing Supply Chain Efficiency And Shareholder Value

GXO Logistics provides contract logistics services, including warehousing, distribution, and supply chain solutions. The company has seen revenue grow more_horizontal

GXO Logistics analysts say resilience + growth = ‘Buy' rating

By Proactive Investors
August 22, 2023

GXO Logistics analysts say resilience + growth = ‘Buy' rating

GXO Logistics Inc (NYSE:GXO) (GXO) has built a strong track record over the past four years with revenue and earnings before interest, taxes, deprecia more_horizontal

A Bull Market Is Coming. 1 Growth Stock That Could Surge When the Economy Turns.

By The Motley Fool
August 6, 2023

A Bull Market Is Coming. 1 Growth Stock That Could Surge When the Economy Turns.

GXO delivered another strong earnings report and raised guidance on the bottom line. The company had a record quarter for new business, showing demand more_horizontal

GXO Logistics (GXO) Q2 Earnings and Revenues Surpass Estimates

By Zacks Investment Research
August 2, 2023

GXO Logistics (GXO) Q2 Earnings and Revenues Surpass Estimates

GXO Logistics (GXO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to ear more_horizontal

GXO Logistics (GXO) on the Rise Since Expanded Abercrombie Deal

By Zacks Investment Research
July 5, 2023

GXO Logistics (GXO) on the Rise Since Expanded Abercrombie Deal

The partnership of GXO Logistics (GXO) with Abercrombie in the U.K. aims to improve e-commerce operations. Their partnership in the United States is h more_horizontal

GXO Schedules Second Quarter Earnings Conference Call for Thursday, August 3, 2023

By GlobeNewsWire
June 28, 2023

GXO Schedules Second Quarter Earnings Conference Call for Thursday, August 3, 2023

GREENWICH, Conn., June 28, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter conference call and webcast on Thursd more_horizontal

GXO Logistics: Booking Profits

By Seeking Alpha
June 20, 2023

GXO Logistics: Booking Profits

Today, we circle back on GXO Logistics, Inc., whose stock is up some over 40% in 2023, year to date. The company is executing well, continues to autom more_horizontal

This Growth Stock Is Diving Into a Major New Market. Time to Buy?

By The Motley Fool
June 18, 2023

This Growth Stock Is Diving Into a Major New Market. Time to Buy?

Leveraging last year's acquisition of Clipper Logistics, GXO expands its operations in Europe's biggest market. The move will help it achieve its goal more_horizontal


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