XPO Q3 2024 Adj. EPS $1.02 Beats $0.91 Estimate, Sales $2.053B Beat $2.020B Estimate
Portfolio Pulse from Benzinga Newsdesk
XPO reported Q3 2024 earnings per share of $1.02, surpassing the analyst estimate of $0.91. The company's sales were $2.053 billion, exceeding the expected $2.020 billion and marking a 3.69% increase from the previous year.
October 30, 2024 | 10:46 am
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POSITIVE IMPACT
XPO's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $1.02 and sales at $2.053 billion, indicating strong performance.
XPO's earnings per share and sales both exceeded analyst estimates, which is typically a positive indicator for stock performance. The EPS beat by 12.09% and sales beat by 1.62% suggest strong operational performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100