XPO (XPO) Projected to Post Earnings on Wednesday

XPO (NYSE:XPO - Get Free Report) will likely be releasing its earnings data before the market opens on Wednesday, February 5th. Analysts expect XPO to post earnings of $0.68 per share and revenue of $1.93 billion for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

XPO (NYSE:XPO - Get Free Report) last issued its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.13. XPO had a return on equity of 31.16% and a net margin of 4.57%. The firm had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.02 billion. During the same quarter last year, the business earned $0.88 earnings per share. The company's revenue was up 3.7% compared to the same quarter last year. On average, analysts expect XPO to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

XPO Stock Down 2.9 %

Shares of NYSE:XPO traded down $4.04 during trading on Wednesday, hitting $136.06. 896,375 shares of the company's stock traded hands, compared to its average volume of 1,518,274. XPO has a 52 week low of $82.78 and a 52 week high of $161.00. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The company has a market cap of $15.84 billion, a price-to-earnings ratio of 44.03, a price-to-earnings-growth ratio of 1.79 and a beta of 2.11. The company has a 50-day moving average price of $143.25 and a 200-day moving average price of $126.82.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on XPO shares. Oppenheimer boosted their price target on XPO from $148.00 to $176.00 and gave the stock an "outperform" rating in a research report on Thursday, December 12th. Evercore ISI reduced their price target on XPO from $129.00 to $125.00 and set an "outperform" rating for the company in a research note on Thursday, October 3rd. Stifel Nicolaus boosted their price target on XPO from $124.00 to $147.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Jefferies Financial Group upped their target price on XPO from $150.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Finally, The Goldman Sachs Group upped their target price on XPO from $150.00 to $167.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $151.06.

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.