XPO Logistics (XPO) Tops Q3 EPS by 14c, Revenues Miss; Updates FY19 Financial Targets

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XPO Logistics Announces Third Quarter 2019 Results

October 28, 2019 4:15 PM EDT

GREENWICH, Conn., Oct. 28, 2019 (GLOBE NEWSWIRE) --  XPO Logistics, Inc. (NYSE: XPO) today announced financial results for the third quarter 2019. Revenue was $4.15 billion for the quarter, compared with $4.34 billion for the same period in 2018. Net income attributable to common shareholders was $117 million for the quarter, compared with $101 million for the same period in 2018. Operating income was $229 million for the quarter, compared with $209 million for the same period in 2018. Diluted earnings per share was $1.14 for the quarter, compared with $0.74 for the same period in 2018. 

Adjusted net income attributable to common shareholders, a non-GAAP financial... More