XPO Logistics Announces Fourth Quarter and Full Year 2019 Results

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Go back to XPO Logistics Announces Fourth Quarter and Full Year 2019 Results

XPO Logistics (XPO) Tops Q4 EPS by 11c, Revenues Miss; Provides 2020 Financial Targets

February 10, 2020 4:21 PM EST

XPO Logistics (NYSE: XPO) reported Q4 EPS of $1.12, $0.11 better than the analyst estimate of $1.01. Revenue for the quarter came in at $4.14 billion versus the consensus estimate of $4.23 billion.

Grows EPS by 50% and adjusted EPS by 56% for the fourth quarterGrows net income by 18% and adjusted EBITDA by 14% for the fourth quarterProvides guidance for 7% to 10% growth in adjusted EBITDA for full year 2020

Review of Strategic Alternatives

On January 15, 2020, the company announced that its board of directors has authorized a review of strategic alternatives, including the possible... More