GXO Logistics, Inc. (GXO) Tops Q1 EPS by 7c; Raises Organic Revenue Growth Outlook
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GXO Logistics Reports First Quarter 2022 Results
May 4, 2022 4:30 PM EDTHighlights
First quarter revenue of $2.1 billion, up 14% year-over-year; including organic revenue growth¹ of 19%; net income attributable to GXO of $37 million; and adjusted EBITDA¹ of $155 million; 167% growth in diluted EPS and 59% growth in adjusted diluted EPS¹GXO raises full-year 2022 guidance and introduces adjusted diluted EPS¹ guidance: 2022 organic revenue growth¹ raised to 11-15% year-over-year; full-year adjusted diluted EPS¹ guidance of $2.70-$2.90 implying growth of 29-39%Business Highlights
Record first quarter new business wins; over $1 billion of incremental... More