XPO Logistics (XPO) Preliminary Results for Q3 and Long-Term Targets

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XPO Releases Preliminary Results for Third Quarter 2022 and Long-Term Targets

October 17, 2022 4:05 PM EDT

GREENWICH, Conn., Oct. 17, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, has released the following results in advance of its third quarter 2022 earnings announcement and conference call.

For the third quarter 2022, the company expects to report:

Revenue of approximately $3.04 billionOperating income of $181 million to $185 millionEarnings before interest, taxes, depreciation and amortization (adjusted EBITDA), a non-GAAP financial measure, of $348 million to $352 million

Pro forma for the planned spin-off of... More