Sunday, 3 March 2024

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Gxo Logistics Inc (GXO) Q4 Earnings Cheat Sheet – TipRanks Financial Blog

Core & Main, Inc. Class A (CNM) Q1 Earnings Cheat Sheet – TipRanks Financial Blog

Gxo Logistics Inc (GXO) is scheduled to report 4th quarter earnings on 02/13/2024, after the market closes.

Regarding Q4 estimates, Wall Street analysts expect Gxo Logistics Inc to post earnings of $0.68 per share. Revenue expectations are pegged at $2.55 billion. Last quarter, Gxo Logistics Inc beat earnings estimates, reporting EPS of $0.69 on estimates of $0.66. The stock rose by 3.75% the day after the last earnings release.

Year-to-date, GXO stock has fallen by -7.31%.

Is Gxo Logistics Inc Stock a Buy?

Wall Street’s consensus rating for GXO stock is a Strong Buy, with an average analyst price target of $69.17, implying upside potential of 22.01% from current levels.

GXO shares have lost about -10.44% in the past six months.

About Gxo Logistics Inc

GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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