GXO Logistics Q2 adjusted EBITDA beats analyst estimates

GXO Logistics

04/08/2026 21:44

Overview
US contract logistics provider's Q2 revenue rose 4.3% yr/yr to $3.4 bln
Q2 adjusted EBITDA beat analyst expectations
Company secured $410 mln in new business wins, up 34% yr/yr

Outlook
GXO sees full-year 2026 organic revenue growth of 4% to 5%
Company expects 2026 adjusted EBITDA of $945 mln to $965 mln
GXO expects 2026 adjusted diluted EPS of $2.95 to $3.15

Result Drivers
NEW BUSINESS WINS - Co said $410 mln in new business wins, up 34% yr/yr, with about 40% in strategic growth verticals such as aerospace & defense, technology, industrial and life sciences
COMMERCIAL MOMENTUM IN NORTH AMERICA - Co said new business wins in North America rose 85% in first half vs prior year
AI AND AUTOMATION DEPLOYMENT - Co said GXO IQ platform moved from launch to scaled deployment, enabling greater use of AI across network

Company press release: ID:nGNX6bP4tj

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$0.22
 
Q2 Adjusted EBITDA
Beat
$219 mln
$213.42 mln (13 Analysts)

Analyst Coverage
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"
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 $67.50, about 33.3% above its August 3 closing price of $50.62
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 18 three months ago

Reuters Recommended Reads
Aug 4 - Expeditors International Q2 revenue beats on airfreight demand
Aug 4 - Zebra Technologies raises annual forecast on strong demand for automation products 
Aug 3 - Matson Q2 revenue rises on China demand, raises outlook

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.)