GXO Logistics Inc reports results for the quarter ended June 30 - Earnings Summary
GXO Logistics Inc reports results for the quarter ended June 30 - Earnings Summary
GXO Logistics Inc GXO.N reported quarterly adjusted earnings of 59 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 56 cents to 60 cents per share.
Revenue rose 4.3% to $3.44 billion from a year ago; analysts expected $3.46 billion.
GXO Logistics Inc's reported EPS for the quarter was 22 cents.
The company reported quarterly net income of $25 million.
GXO Logistics Inc shares had fallen by 0.2% this quarter and lost 3.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for GXO Logistics Inc is $67.50, about 22.4% above its last closing price of $52.37
This summary was machine generated from LSEG data August 4 at 10:30 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.58 | 0.59 | Beat |
Mar. 31 2026 | 0.37 | 0.50 | Beat |
Dec. 31 2025 | 0.84 | 0.87 | Beat |
Sep. 30 2025 | 0.78 | 0.79 | Beat |
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GXO Logistics Inc reports results for the quarter ended June 30 - Earnings Summary
GXO Logistics Q2 adjusted EBITDA beats analyst estimates