XPO Q2 2024 Adj. EPS $1.12 Beats $1.01 Estimate, Sales $2.097B Beat $2.072B Estimate
Portfolio Pulse from Benzinga Newsdesk
XPO (NYSE:XPO) reported Q2 2024 adjusted EPS of $1.12, beating the estimate of $1.01 by 10.89%. Sales were $2.097 billion, surpassing the $2.072 billion estimate and marking a 9.39% increase from the same period last year.
August 01, 2024 | 10:46 am
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XPO reported strong Q2 2024 results with EPS of $1.12 beating estimates by 10.89% and sales of $2.097 billion surpassing estimates by 1.21%. Sales increased by 9.39% YoY.
XPO's strong earnings and revenue performance, beating analyst estimates and showing significant year-over-year growth, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100