XPO Q4 revenue $1.83B, GAAP loss $0.31/sh on spin-off; adj. EPS $0.98 up 53% YoY

XPO, Inc.

2022-FY EPS reported $5.76 revenue$7,718,000,000

Q4 revenue $1.83B vs $1.77B YoY; GAAP diluted loss from cont. ops $0.31 vs income $0.40.
Adjusted EPS $0.98 vs $0.64; adjusted EBITDA $262M vs $190M, up 38% YoY.
North American LTL operating income +26% YoY; tonnage grew year-over-year.
GAAP net loss includes $64M goodwill impairment, $42M transaction costs, $35M restructuring, related to RXO spin-off.
Generated $196M operating cash flow and $107M free cash flow in Q4.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

XPO, Inc. reported financial results for the fiscal quarter and year ended December 31, 2022.

Period: the fiscal quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 8, 2023, XPO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter and year ended December 31, 2022.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

XPO, Inc. reported the fourth quarter 2022 results: revenue $1.83 billion, net income net loss from continuing operations attributable to common shareholders of $36 million, EPS diluted loss from continuing operations per share of $0.31.

Period: the fourth quarter 2022
Revenue: $1.83 billion
Net income: net loss from continuing operations attributable to common shareholders of $36 million
EPS: diluted loss from continuing operations per share of $0.31
Result: reported results

Exact text from the filing

XPO (NYSE: XPO) today announced its financial results for the fourth quarter 2022. Revenue was $1.83 billion for the quarter, compared with $1.77 billion for the same period in 2021. The company reported a net loss from continuing operations attributable to common shareholders of $36 million for the fourth quarter 2022, or a diluted loss from continuing operations per share of $0.31, compared with net income from continuing operations attributable to common shareholders of $47 million, or diluted earnings from continuing operations per share of $0.40, for the same period in 2021.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

XPO, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-014529

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