XPO (NYSE:XPO) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
XPO beat estimated earnings by 21.74%, reporting an EPS of $0.56 versus an estimate of $0.46.
Revenue was down $1.57 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 13.96% drop in the share price the next day.
Here’s a look at XPO’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.85 | 1.34 | 1.51 | 0.93 |
| EPS Actual | 0.98 | 1.45 | 1.81 | 1.25 |
| Revenue Estimate | 1.84B | 3.10B | 3.19B | 3.22B |
| Revenue Actual | 1.83B | 3.04B | 3.23B | 3.47B |
To track all earnings releases for XPO visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
