GXO Raises Full-Year Outlook Amid Strong Q1 Performance
GXO Logistics reported stronger-than-expected first-quarter earnings, driven by growth in aerospace, defense, and technology logistics contracts. The company raised its full-year adjusted EBITDA guidance to $935 million–$975 million and boosted EPS guidance to $2.90–$3.20 per share.
Topics: aerospace and defense AI infrastructure Amazon competition logistics