XPO Logistics Inc. (NYSE:XPO) has ended a remarkable 10-year run with a bang.
In its last reporting quarter as a consolidated entity, the Greenwich, Connecticut-based transport and logistics concern reported second-quarter revenue of $5.04 billion, a quarterly record. Earnings before interest, taxes, depreciation and amortization hit $507 million, nearly tripling the levels of the second quarter of 2020.
Adjusted diluted earnings per share hit $1.86, 15 to 18 cents higher than the median range...
https://www.freightwaves.com/news/xpo-ends-an-era-with-strong-q2-results