GXO Logistics Q1 2024 Adj EPS $0.45 Beats $0.43 Estimate, Sales $2.500B Beat $2.375B Estimate
Portfolio Pulse from Benzinga Newsdesk
GXO Logistics reported Q1 2024 adjusted EPS of $0.45, surpassing the $0.43 estimate, with sales of $2.500B exceeding the $2.375B forecast, marking a 7.62% year-over-year increase.
May 07, 2024 | 8:23 pm
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POSITIVE IMPACT
GXO Logistics exceeded Q1 2024 earnings and sales estimates, with a 7.62% increase in sales compared to last year.
GXO Logistics' earnings and sales beat are significant indicators of the company's strong performance and growth, likely leading to positive investor sentiment and potential stock price increase in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100