earnings
confidence high
sentiment neutral
materiality 0.70
GXO Q3 revenue record $3.2B (+28% YoY); organic growth 3%; reaffirms FY guidance
GXO Logistics, Inc.
2024-Q3 EPS reported
$0.28
revenue$8,459,000,000
- Revenue $3.2B (+28% YoY); net income $35M ($0.28 diluted EPS) vs $68M ($0.55) prior year.
- Adjusted EBITDA $223M (+12%); adjusted diluted EPS $0.79 vs $0.69; full-year 2024 guidance reaffirmed.
- Signed $226M new business in Q3, YTD ~$750M; sales pipeline $2.4B, up 30% YoY to two-year high.
- Over half of Q3 wins from e-fulfillment; opened largest ecommerce warehouse in France.