XPO Logistics Inc (NYSE:XPO) Expected to Post Q1 2020 Earnings of $0.58 Per Share

XPO Logistics Inc (NYSE:XPO) – KeyCorp issued their Q1 2020 earnings per share estimates for XPO Logistics in a report released on Tuesday, February 11th. KeyCorp analyst T. Fowler expects that the transportation company will post earnings of $0.58 per share for the quarter. KeyCorp also issued estimates for XPO Logistics’ Q2 2020 earnings at $1.32 EPS, Q3 2020 earnings at $1.31 EPS, Q4 2020 earnings at $1.39 EPS, FY2020 earnings at $4.60 EPS and FY2021 earnings at $5.40 EPS.

Several other brokerages also recently commented on XPO. Barclays downgraded shares of XPO Logistics from an “overweight” rating to an “equal weight” rating and set a $100.00 price objective on the stock. in a research report on Monday, January 27th. ValuEngine raised shares of XPO Logistics from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 16th. Cowen increased their price objective on shares of XPO Logistics from $98.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday, January 16th. Oppenheimer increased their price objective on shares of XPO Logistics from $90.00 to $106.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Credit Suisse Group increased their price objective on shares of XPO Logistics from $94.00 to $111.00 and gave the company an “outperform” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $94.75.

Shares of XPO stock opened at $95.20 on Thursday. XPO Logistics has a one year low of $45.73 and a one year high of $96.26. The company’s 50-day moving average is $87.15 and its 200 day moving average is $78.34. The company has a market capitalization of $8.72 billion, a price-to-earnings ratio of 26.23, a price-to-earnings-growth ratio of 0.66 and a beta of 2.45. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.07 and a current ratio of 1.07.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Monday, February 10th. The transportation company reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.11. XPO Logistics had a net margin of 2.44% and a return on equity of 15.90%. The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.23 billion. During the same period in the prior year, the firm posted $0.72 EPS. XPO Logistics’s revenue for the quarter was down 5.8% on a year-over-year basis.

In other news, major shareholder Spruce House Partnership Lp sold 150,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $83.82, for a total transaction of $12,573,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 18.70% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Squar Milner Financial Services LLC lifted its stake in shares of XPO Logistics by 186.4% in the 4th quarter. Squar Milner Financial Services LLC now owns 338 shares of the transportation company’s stock worth $26,000 after purchasing an additional 220 shares during the period. Atlas Private Wealth Management bought a new position in shares of XPO Logistics in the 4th quarter worth approximately $28,000. Americana Partners LLC bought a new position in shares of XPO Logistics in the 4th quarter worth approximately $37,000. Whittier Trust Co. lifted its stake in shares of XPO Logistics by 531.6% in the 4th quarter. Whittier Trust Co. now owns 499 shares of the transportation company’s stock worth $40,000 after purchasing an additional 420 shares during the period. Finally, Quadrant Capital Group LLC lifted its stake in shares of XPO Logistics by 223.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 692 shares of the transportation company’s stock worth $45,000 after purchasing an additional 478 shares during the period.

About XPO Logistics

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; logistics services for domestic, cross-border, and international shipments; and managed transportation services.

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Earnings History and Estimates for XPO Logistics (NYSE:XPO)

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