earnings
confidence high
sentiment positive
materiality 0.70
GXO Q3 revenue $2.3B (+16% YoY), net income $63M, adjusted EBITDA $192M; reaffirms FY guidance
GXO Logistics, Inc.
2022-Q3 EPS reported
$1.29
revenue$6,526,000,000
- Diluted EPS of $0.53; adjusted diluted EPS of $0.75; adjusted EBITDA up 19% YoY.
- Organic revenue growth 16%; year-to-date wins of $977M; sales pipeline ~$2.0B.
- Nearly $500M of incremental 2023 revenue already secured by end of Q3.
- Regulatory approval received for Clipper Logistics acquisition; integration underway.
- FY 2022 guidance reaffirmed: 12-16% organic revenue growth, adjusted EBITDA $715-$750M.