XPO Logistics (XPO) Tops Q1 EPS by 12c, Revs Light
XPO Logistics (NYSE: XPO) reported Q1 EPS of $0.51, $0.12 better than the analyst estimate of $0.39. Revenue for the quarter came in at $4.12 billion versus the consensus estimate of $4.25 billion.
GUIDANCE:
The company’s full-year 2019 targets are:
- Revenue growth of 3% to 5%, which corresponds to organic revenue growth of 5.5% to 7.5% year-over-year;
- Adjusted EBITDA in the range of $1.650 billion to $1.725 billion, an increase of 6% to 10% year-over-year;
- Free cash flow in the range of $525 million to $625 million;
- Net capital expenditures in the range of $400 million to $450 million;
- Depreciation and amortization in the range of $765 million to $785 million;
- Effective tax rate in the range of 26% to 29%; and
- Cash taxes in the range of $165 million to $190 million.
For earnings history and earnings-related data on XPO Logistics (XPO) click here.
