XPO Exceeds First-Quarter Earnings and Revenue Expectations
XPO Logistics (NYSE: XPO) reported first-quarter adjusted earnings per share of $1.01, surpassing analysts' estimates and showing year-over-year growth. The company's less-than-truckload unit drove revenue gains through higher pricing and market share gains, with consolidated revenue reaching $2.1 billion, above the forecasted $2.04 billion.
Tickers: $XPO
Topics: earnings LTL unit operating ratio revenue stock performance