XPO Logistics (XPO) Tops Q1 EPS by 9c, Reaffirms Targets

XPO Logistics (NYSE: XPO) reported Q1 EPS of ($0.08), $0.09 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.56 billion.

Reaffirms Financial Targets

• For 2016, the company reaffirmed its full year target of at least $1.25 billion of adjusted EBITDA.
• For 2018, the company reaffirmed its full year target of approximately $1.7 billion of adjusted EBITDA.

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

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