earnings
confidence high
sentiment positive
materiality 0.75
XPO Q3 adj EPS $0.88 (vs $0.95 YoY); revenue $1.98B +2%; NA LTL OR improves 140 bps seq
XPO, Inc.
2023-Q3 EPS reported
$1.12
revenue$5,804,000,000
- Revenue $1.98B (+2% YoY); adjusted EBITDA $278M (+6% YoY); adj diluted EPS $0.88 vs $0.95 YoY.
- NA LTL yield ex-fuel growth 6.4%; damage claims ratio improved to 0.4% (company-best).
- Operating income $154M vs $139M YoY; net income $86M vs $92M; adj net income $105M vs $110M.
- Cash from ops $236M; quarter-end cash $355M after $133M capex.
- CEO says Q3 results exceeded expectations; confident in forward momentum.