GXO Logistics beats Q1 revenue expectations, lifts full-year adjusted EPS guidance

GXO Logistics

05/05/2026 21:39

Overview

Global contract logistics firm's Q1 revenue rose 10.8%, beating analyst expectations

Adjusted diluted EPS for Q1 beat analyst expectations

Company raised full-year 2026 guidance for adjusted EBITDA and adjusted EPS

Outlook

GXO raises 2026 guidance for adjusted EBITDA to $935 mln-$975 mln from $930 mln-$970 mln

Company now sees 2026 adjusted diluted EPS of $2.90-$3.20, up from $2.85-$3.15

GXO expects 2026 organic revenue growth of 4%-5% and free cash flow conversion of 30%-40%

Result Drivers

GROWTH SECTORS - Co said commercial wins in aerospace & defense, technology, industrial and life sciences drove results

SALES PIPELINE - Record $2.7 bln sales pipeline and increased demand, especially in North America, supported Q1 performance

ONE-TIME BENEFITS - Adjusted EBITDA included $12.5 mln net year-over-year benefit from early site exit and contract termination timing

Company press release: ID:nGNX87KCB8

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$3.30 bln
$3.22 bln (13 Analysts)
Q1 Adjusted EPS
Beat
$0.50
$0.37 (15 Analysts)
Q1 Net Income
$5 mln
Q1 Adjusted EBITDA
Beat
$200 mln
$179.56 mln (12 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"

Wall Street's median 12-month price target for GXO Logistics Inc is $70.00, about 51.3% above its May 4 closing price of $46.27

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)