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Transportation & Logistics Giant XPO Stock Hits 52-Week High – Sign Of A Healthy Economy?

XPO reported Q4 revenue growth of 6% YoY to $1.94B, beating consensus. Adjusted EPS was $0.77. North American LTL segment had increase in tonnage and yield. European segment saw decline in operating income. XPO expects capex of $700M-$800M, interest expense of $240M-$260M, and adjusted tax rate of 23%-25%.

XPO