XPO (NYSE:XPO) Posts Earnings Results, Beats Estimates By $0.13 EPS

XPO (NYSE:XPO) issued its quarterly earnings data on Friday. The transportation company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.13, Briefing.com reports. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.01 billion. XPO had a return on equity of 30.77% and a net margin of 3.08%. The business’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.56 earnings per share.

XPO Stock Performance

Shares of NYSE:XPO opened at $112.56 on Monday. The business’s 50-day simple moving average is $120.80 and its 200 day simple moving average is $100.34. The company has a market cap of $13.09 billion, a P/E ratio of 55.18, a PEG ratio of 2.69 and a beta of 2.17. The company has a debt-to-equity ratio of 2.49, a quick ratio of 1.00 and a current ratio of 0.94. XPO has a one year low of $45.24 and a one year high of $130.51.

Analyst Ratings Changes

A number of research firms have issued reports on XPO. BMO Capital Markets upped their target price on shares of XPO from $100.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. Raymond James upped their price objective on shares of XPO from $130.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, April 15th. The Goldman Sachs Group upped their target price on XPO from $98.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. TD Cowen raised their price target on XPO from $129.00 to $136.00 and gave the stock an “outperform” rating in a research note on Thursday, March 7th. Finally, Benchmark upped their price objective on shares of XPO from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $111.65.

XPO Company Profile

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.