GXO Logistics Inc expected to post earnings of 54 cents a share - Earnings Preview

GXO Logistics

02/08/2024 11:34

* GXO Logistics Inc  GXO.N   GXO  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Greenwich Connecticut-based  company is expected to
report a
14.0% increase in revenue to $2.73 billion from $2.39 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for GXO Logistics Inc is for
earnings of 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for GXO
Logistics Inc
is $71.00​, above​ its last closing price of $54.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.43        0.43       0.45      Beat    3.5
 Dec. 31 2024  0.68        0.69       0.70      Beat    2.2
 Sep. 30 2023  0.66        0.66       0.69      Beat    5.1​
 Jun. 30 2023  0.61        0.61       0.70      Beat    13.9
 ​​Mar.        0.44        0.43       0.49      Beat    13.7
 31 2023                                                
 Dec. 31 2022  0.75        0.75       0.83      Beat    11.3​
 Sep. 30 2022  0.70        0.69       0.75      Beat    8
 Jan. 1 0001   0.63        0.61       0.68      Beat    11.7
 This summary was machine generated August 2 at 10:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)