GXO Logistics Inc. (GXO) stock plunged 6.39% in after-hours trading on Wednesday, February 12, 2025, despite reporting solid fourth quarter 2024 results and providing guidance for the year 2025.
In the fourth quarter, GXO reported revenue of $3.3 billion, beating analyst estimates of $3.22 billion. However, earnings per share (EPS) of $0.83 fell short of expectations, potentially contributing to the stock's decline.
For the full year 2024, GXO achieved record revenue of $11.7 billion, representing a 20% year-over-year increase, and organic revenue growth of 3%. Adjusted EBITDA reached $815 million, while adjusted EPS stood at $2.80.
Looking ahead to 2025, GXO provided guidance for organic revenue growth of 3% to 6%, adjusted EBITDA of $840 million to $860 million, and adjusted diluted EPS of $2.40 to $2.60. While these projections indicate continued growth, they may have fallen short of investor expectations, potentially contributing to the after-hours stock decline.