XPO Logistics (XPO) Tops Q1 EPS by 14c

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XPO Logistics (XPO) delivers better-than-anticipated Q1 print, shares surge

May 3, 2024 8:55 AM EDT

XPO Logistics (NYSE: XPO) saw its shares surge more than 9% ahead of Fridays market open as investors rushed to buy the stock following a stronger-than-expected fiscal Q1 earnings report.

The company posted earnings per share (EPS) of $0.81, beating the consensus estimates of $0.67.... More