XPO Profit Rises in 1Q

Dow Jones
04/30
 

By Rob Curran

 

XPO's first-quarter net income rose as the trucking line's efficiency compensated for anemic growth in volume by weight.

The Greenwich, Conn., logistics and less-than-truckload freight firm posted earnings of $101 million, or 85 cents a share, up from $69 million, or 58 cents a share, a year earlier.

Stripping out certain one-off items, XPO logged adjusted earnings of $1.01 a share, handily beating the mean analyst estimate of 88 cents a share.

Revenue rose 7.3% to $2.1 billion, topping the average Wall Street target of $2.04 billion.

Revenue from less-than-truckload shipping in North America rose 4.9% to $1.23 billion, while European transportation revenue rose 11% to $868 million.

In North America, shipments per day increased 3%, while tonnage per day edged up 0.1%.

The company said it enhanced productivity and efficiency by using artificial-intelligence technology.

 

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

April 30, 2026 07:22 ET (11:22 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10