XPO Logistics Inc (XPO) Set to Announce Earnings on Wednesday

Cornelia Mascio
Mag 6, 2017

The stock is now offering a return on equity of 2.40% while the return on assets is at 0.50% and the return on investment is at 5.30%. Orbis Allan Gray Ltd now owns 21,029,225 shares of the transportation company's stock valued at $771,142,000 after buying an additional 961,879 shares in the last quarter. The firm's stock has a market capitalization of $6 bln. Bank of Montreal Can now owns 2,990 shares of the transportation company's stock worth $143,000 after buying an additional 241 shares during the last quarter.

XPO Logistics, Inc. (NYSE:XPO)'s stock has performed at 13.00%. Finally, Nippon Life Global Investors Americas Inc. acquired a new stake in shares of XPO Logistics during the third quarter valued at about $15,794,000. (NYSE:XPO). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.80. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & global trademark and copyright legislation. Further back, their 200-Day Simple Moving Average is 26.49% difference from today's price. Ameriprise Financial Inc. acquired a new stake in shares of XPO Logistics during the third quarter valued at about $20,663,000.

A number of research analysts have recently commented on XPO shares. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/05/04/fy2017-eps-estimates-for-xpo-logistics-inc-xpo-raised-by-keycorp-updated-updated.html. The transportation company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.14. Vertical Research began coverage on XPO Logistics in a research note on Thursday, April 13th. BlackRock Inc. increased its stake in XPO Logistics by 14.6% in the third quarter. California State Teachers Retirement System now owns 207,415 shares of the transportation company's stock worth $7,606,000 after buying an additional 1,700 shares in the last quarter. Finally, Deutsche Bank AG set a $60.00 price target on XPO Logistics and gave the stock a "buy" rating in a research note on Wednesday, February 22nd. Zacks Investment Research upgraded shares of XPO Logistics from a "hold" rating to a "strong-buy" rating and set a $55.00 price target on the stock in a report on Wednesday, February 15th. Ladenburg Thalmann Financial Services Inc. boosted its position in XPO Logistics by 8.1% in the fourth quarter. The company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.55 billion. Credit Suisse Group AG reissued an "outperform" rating and set a $63.00 price objective on shares of XPO Logistics in a report on Monday, March 6th. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Hedge funds and other institutional investors own 91.41% of the company's stock.

According to Zacks brokerage recommendations, XPO Logistics, Inc.

The company said the improved bottom line was due to better margins in both its transportation and logistics segments, and higher operating income in its North American less-than-truckload business. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services.

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