Less-than-truckload carrier XPO reported second-quarter adjusted earnings per share of $1.12 on Thursday ahead of the market open. The result was 11 cents ahead of the consensus estimate and 41 cents higher year over year.
The adjusted result excluded transaction and restructuring costs of 22 cents per share as well as a $41 million one-time tax benefit (34 cents) tied to the restructuring of its European operations.
XPO (NYSE: XPO) generated consolidated revenue of $2.08 billion, which was 9%...
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