Less-than-truckload carrier XPO beat first-quarter expectations on Wednesday ahead of the market open.
XPO (NYSE: XPO) reported adjusted earnings per share of 73 cents, which was 8 cents better than the consensus estimate but 8 cents lower year over year. The adjusted EPS number excluded transaction and restructuring costs.
“Our plan is driving results, with a long runway for margin expansion, supported by superior service and high-return investments in our network,” said CEO Mario Harik in a...
https://www.freightwaves.com/news/first-look-xpo-beats-first-quarter-earnings-expectations