XPO Logistics (XPO) Tops Q2 EPS by 22c

XPO Logistics (NYSE: XPO) reported Q2 EPS of $0.42, $0.22 better than the analyst estimate of $0.20. Revenue for the quarter came in at $3.68 billion versus the consensus estimate of $3.81 billion.

Raises 2016 Financial Targets

For 2016, the company has:

• Increased its target for adjusted EBITDA to at least $1.265 billion, from $1.25 billion; and
• Increased its target for free cash flow to at least $150 million, from a range of $100 million to $150 million.

In addition, the company has reaffirmed its full year 2018 target of approximately $1.7 billion of EBITDA

For earnings history and earnings-related data on XPO Logistics (XPO) click here.

You May Also Be Interested In

• Klarna shares tumble on weak full-year revenue guidance
• Home Depot beats estimates, reaffirms fiscal 2026 guidance
• Sypris Solutions (SYPR) Reports Q2 Loss of $0.14