Skip to main content

XPO posts record Q1 2022 earnings results

Quarterly revenue—at $3.47 billion—increased 16% annually an 41% compared to the first quarter of 2020, representing the fifth straight quarter XPO’s revenue has set a new record. EBITDA—at $321 million—also set a new record, while posting a 15% annual gain (full-year 2022 EBITDA guidance issued by XPO now stands at $1.35 billion-to-$1.39 billion), and adjusted earnings per share—at $1.25—marked the highest for any first quarter in company history, topping Wall Street estimates, at $0.93. Operating income—at $625 million—was up 22%. XPO said that quarterly revenue included the recent sale of its intermodal business to STG Logistics.

source https://www.supplychain247.com/article/xpo_posts_record_q1_2022_earnings_results

Comments

Post a Comment

Popular posts from this blog

Using Artificial Intelligence to Manage Risk in Your Global Supply Chain

Listen in as Rosemary Coates and Bindiya Vakil, Founder, and CEO of Resilinc, discuss the use of artificial intelligence to map and manage your global supply chains. Rosemary Coates, Executive Director of the Reshoring Institute, hosts this episode of The Frictionless Supply Chain. source https://www.supplychain247.comhttps://www.supplychain247.com/article/using_artificial_intelligence_to_manage_risk_in_your_global_supply_chain
Post a Comment
Read more

Sizing up the 2023 Retail Logistics Landscape with Jonathan Gold, NRF

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Jonathan Gold, Vice President for Supply Chain and Customs Policy, for the National Retail Federation (NRF). source https://www.supplychain247.comhttps://www.supplychain247.com/article/sizing_up_the_2023_retail_logistics_landscape_with_jonathan_gold_nrf
Post a Comment
Read more