earnings
confidence high
sentiment positive
materiality 0.80
XPO Q1 2024: EPS $0.56 ($0.81 adj), revenue $2.02B, North American LTL operating income up 60%
XPO, Inc.
2024-Q1 EPS reported
$0.56
revenue$2,018,000,000
- Diluted EPS from continuing ops $0.56 vs $0.15 YoY; adjusted diluted EPS $0.81 vs $0.56.
- Total revenue $2,018M, up 5.8% YoY; North American LTL segment revenue $1,221M (+9.0%).
- North American LTL operating income $165M (+60.2%); adjusted EBITDA $255M (+40.1%).
- European Transportation revenue $797M (+1.3%); operating loss narrowed to $4M from $3M.
- Net income $67M vs $17M YoY; diluted shares 120M vs 116M.