GXO Logistics, Inc. (GXO) Tops Q2 EPS by 6c; Raises Revenue Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
GXO Logistics Reports Second Quarter 2022 Results
August 2, 2022 4:30 PM EDTHighlights
Second quarter revenue of $2.2 billion, up 15% year-over-year; including organic revenue growth1 of 20%; net income attributable to GXO of $51 million; and adjusted EBITDA1 of $176 million; diluted EPS of $0.44 and adjusted diluted EPS1 of $0.68 or 55% growth2022 organic revenue growth1 upgraded to 12-16% year-over-year from 11-15%; full-year adjusted EBITDA guidance1 upgraded to $715-$750 million from $707-$742 millionBusiness... More
