XPO (XPO) to Release Earnings on Friday

XPO (NYSE:XPO) is scheduled to be releasing its earnings data before the market opens on Friday, May 3rd. Analysts expect XPO to post earnings of $0.67 per share for the quarter. Persons interested in participating in the company’s earnings 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 (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.15. XPO had a return on equity of 29.85% and a net margin of 2.44%. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the business earned $0.98 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, analysts expect XPO to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

XPO Trading Down 3.0 %

XPO opened at $107.40 on Wednesday. XPO has a 12 month low of $42.86 and a 12 month high of $130.51. The stock has a market capitalization of $12.49 billion, a price-to-earnings ratio of 66.71, a PEG ratio of 2.67 and a beta of 2.19. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.00 and a quick ratio of 1.00. The business has a fifty day moving average price of $121.51 and a 200 day moving average price of $99.63.

Analysts Set New Price Targets

Several research firms recently commented on XPO. Citigroup boosted their target price on XPO from $100.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Stifel Nicolaus upped their price objective on XPO from $77.00 to $87.00 and gave the stock a “hold” rating in a research report on Wednesday, January 10th. Bank of America upped their price objective on XPO from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Monday, April 15th. JPMorgan Chase & Co. upped their price objective on XPO from $97.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, February 8th. Finally, Raymond James upped their price objective on XPO from $130.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, April 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.