XPO Logistics Inc. (XPO) shares soared 13.71% in the pre-market session on Thursday, following the company's better-than-expected fourth-quarter earnings results and strong full-year performance. The transportation and logistics giant reported adjusted earnings per share of $0.89 for the fourth quarter, beating the consensus estimate of $0.63 by a wide margin.

The robust earnings growth was primarily driven by strong performance in the company's North American Less-Than-Truckload (LTL) segment, which saw adjusted operating income increase by 27% year-over-year. XPO's revenue for the quarter came in at $1.92 billion, slightly missing the analysts' expectation of $1.92 billion but still representing a 4.2% increase from the prior-year period.

For the full year 2024, XPO delivered impressive increases of 27% in adjusted EBITDA and 31% in adjusted diluted EPS, compared with the prior year. The company's CEO, Mario Harik, highlighted the intense execution and landmark network investments that have strengthened XPO's competitive position for long-term margin expansion.

"We've entered 2025 with strong momentum, following landmark network investments that strengthen our competitive position in a freight market recovery and for the long-term," Harik said. "The intense execution you see in our results will continue to deliver years of margin expansion."