XPO (XPO) to Release Quarterly Earnings on Wednesday

XPO (NYSE:XPO - Get Free Report) will post its quarterly earnings results before the market opens on Wednesday, October 30th. Analysts expect XPO to post earnings of $0.93 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 - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.11. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.07 billion. XPO had a return on equity of 32.49% and a net margin of 4.48%. The company's revenue was up 8.5% on a year-over-year basis. During the same period last year, the company earned $0.71 earnings per share. On average, analysts expect XPO to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

XPO Trading Down 1.2 %

XPO stock traded down $1.34 during midday trading on Wednesday, reaching $109.49. The stock had a trading volume of 2,048,128 shares, compared to its average volume of 1,464,755. The business has a fifty day simple moving average of $112.56 and a two-hundred day simple moving average of $111.36. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63. The firm has a market cap of $12.74 billion, a price-to-earnings ratio of 53.40, a PEG ratio of 1.85 and a beta of 2.10. XPO has a twelve month low of $65.80 and a twelve month high of $130.51.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on XPO. Stifel Nicolaus lifted their price objective on XPO from $125.00 to $126.00 and gave the stock a "buy" rating in a research report on Monday. Bank of America decreased their target price on XPO from $135.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, July 22nd. Wells Fargo & Company decreased their target price on XPO from $125.00 to $119.00 and set an "overweight" rating for the company in a research report on Thursday, September 5th. Citigroup started coverage on XPO in a research report on Wednesday, October 9th. They set a "buy" rating and a $127.00 target price for the company. Finally, Stephens restated an "overweight" rating and set a $150.00 target price on shares of XPO in a research report on Thursday, September 5th. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, XPO presently has an average rating of "Moderate Buy" and a consensus price target of $130.41.

About XPO

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.