Less-than-truckload carrier XPO rode higher volumes and better pricing to a third-quarter beat on Monday.
XPO (NYSE: XPO) reported adjusted earnings per share of 88 cents before the market opened. The result was 25 cents better than the consensus estimate but 7 cents lower year over year (y/y). The adjusted number excluded transaction and restructuring costs.
“Our third quarter results exceeded expectations, with solid growth in revenue and profitability, and strong forward momentum,” said CEO...