XPO Logistics (XPO) Misses Q1 EPS by 4c, Revenues Miss
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XPO Logistics Announces First Quarter 2020 Results
May 4, 2020 4:16 PM EDTGreenwich, CONN., May 04, 2020 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) today announced financial results for the first quarter 2020. Revenue was $3.86 billion for the quarter, compared with $4.12 billion for the same period in 2019. Net income attributable to common shareholders was $21 million for the quarter, compared with $43 million for the same period in 2019. Operating income was $81 million for the quarter, compared with $132 million for the same period in 2019. Diluted earnings per share was $0.20 for the quarter, compared with $0.37 for the same period in 2019.Â
Adjusted net income attributable to common shareholders, a non-GAAP financial measure, was... More
