XPO Reports Q3 Non-GAAP EPS Beat Amid Revenue Miss
XPO reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of $1.70, surpassing analyst expectations by $0.13. While the company saw year-over-year revenue growth of 12.3% to reach $2.37 billion, this figure fell approximately $10 million short of consensus estimates. The company's North American Less-Than-Truckload (LTL) segment showed significant strength, with revenue increasing 17.4% to $1.473 billion. This growth was accompanied by a substantial 35.0% rise in adjusted operating income for the segment, which reached $293 million.
Tickers: $XPO
Topics: earnings beat LTL revenue growth operating income revenue miss