Zacks: Analysts Anticipate XPO Logistics Inc (XPO) to Announce $0.42 EPS

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Wall Street brokerages forecast that XPO Logistics Inc (NYSE:XPO) will report $0.42 earnings per share for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for XPO Logistics’ earnings. The highest EPS estimate is $0.57 and the lowest is $0.33. XPO Logistics reported earnings of $0.61 per share during the same quarter last year, which would indicate a negative year over year growth rate of 31.1%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, May 1st.

On average, analysts expect that XPO Logistics will report full-year earnings of $3.40 per share for the current year, with EPS estimates ranging from $3.02 to $3.93. For the next financial year, analysts expect that the company will report earnings of $4.27 per share, with EPS estimates ranging from $3.35 to $5.21. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for XPO Logistics.

XPO Logistics (NYSE:XPO) last issued its earnings results on Thursday, February 14th. The transportation company reported $0.72 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.11). The business had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.56 billion. XPO Logistics had a net margin of 2.44% and a return on equity of 10.83%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 EPS.

Several brokerages have weighed in on XPO. Cowen reaffirmed an “outperform” rating and issued a $80.00 target price (up from $79.00) on shares of XPO Logistics in a research report on Monday, April 8th. ValuEngine upgraded XPO Logistics from a “strong sell” rating to a “sell” rating in a research report on Thursday, April 4th. Oppenheimer raised their price objective on XPO Logistics from $62.00 to $65.00 and gave the stock an “outperform” rating in a research report on Friday, April 5th. Credit Suisse Group decreased their price objective on XPO Logistics from $92.00 to $70.00 and set an “outperform” rating for the company in a research report on Tuesday, February 19th. Finally, SunTrust Banks decreased their price objective on XPO Logistics from $83.00 to $65.00 and set a “buy” rating for the company in a research report on Tuesday, February 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $91.20.

Shares of XPO stock traded up $1.34 during trading hours on Tuesday, reaching $63.19. The company’s stock had a trading volume of 2,192,066 shares, compared to its average volume of 3,355,233. The company has a market cap of $6.75 billion, a PE ratio of 19.81, a P/E/G ratio of 0.94 and a beta of 2.20. XPO Logistics has a fifty-two week low of $41.05 and a fifty-two week high of $116.27. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.11 and a current ratio of 1.11.

Hedge funds and other institutional investors have recently modified their holdings of the business. Bronfman E.L. Rothschild L.P. boosted its stake in XPO Logistics by 20.5% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 1,036 shares of the transportation company’s stock valued at $59,000 after buying an additional 176 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in XPO Logistics by 3.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,886 shares of the transportation company’s stock valued at $336,000 after buying an additional 183 shares during the period. State of Alaska Department of Revenue raised its stake in XPO Logistics by 0.7% in the first quarter. State of Alaska Department of Revenue now owns 29,891 shares of the transportation company’s stock valued at $1,605,000 after buying an additional 215 shares during the period. Standard Life Aberdeen plc raised its stake in XPO Logistics by 3.6% in the fourth quarter. Standard Life Aberdeen plc now owns 6,681 shares of the transportation company’s stock valued at $374,000 after buying an additional 231 shares during the period. Finally, Paradigm Asset Management Co. LLC raised its stake in XPO Logistics by 83.3% in the third quarter. Paradigm Asset Management Co. LLC now owns 550 shares of the transportation company’s stock valued at $63,000 after buying an additional 250 shares during the period.

About XPO Logistics

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, 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; logistics services for domestic, cross-border, and international shipments; and managed transportation services.

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Earnings History and Estimates for XPO Logistics (NYSE:XPO)

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