GXO Logistics Sees FY24 Adj. EPS $2.70-$2.90 Vs $2.87 Est.; Revenue Growth 2%-5%
Portfolio Pulse from Benzinga Newsdesk
GXO Logistics forecasts its FY24 adjusted EPS to be between $2.70 and $2.90, compared to the estimated $2.87. The company also expects revenue growth to be between 2% and 5%.
February 13, 2024 | 9:24 pm
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GXO Logistics forecasts FY24 adjusted EPS to be between $2.70 and $2.90, aligning closely with the estimated $2.87. The company also expects a revenue growth of 2% to 5%.
The forecasted EPS range by GXO Logistics is closely aligned with the market estimate, indicating a neutral impact on the stock price in the short term. The expected revenue growth is positive but may already be factored into the current stock price, thus not likely to cause significant price movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100