GXO Logistics Inc is a leading global provider of supply chain solutions, specializing in logistics and transportation services
The company focuses on optimizing supply chain operations for a diverse range of industries, leveraging advanced technology and data analytics to enhance efficiency and responsiveness. GXO offers a wide array of services, including warehouse management, last-mile delivery, and integrated logistics solutions, enabling clients to improve their operational performance and meet the increasing demands of e-commerce and retail. With a commitment to innovation and sustainability, GXO aims to transform how goods are managed and delivered across the globe.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the air freight and logistics industry, including FedEx (NYSEFDX) and its peers.
Looking back on air freight and logistics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Hub Group (NASDAQHUBG) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the air freight and logistics industry, including United Parcel Service (NYSEUPS) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the air freight and logistics stocks, including GXO Logistics (NYSEGXO) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Expeditors (NYSEEXPD) and the rest of the air freight and logistics stocks fared in Q4.
GREENWICH, Conn., Feb. 18, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSEGXO), the world’s largest pure-play contract logistics provider, today announced that its Board of Directors has authorized the Company to repurchase up to $500 million of its common stock.
Shares of contract logistics company GXO (NYSEGXO)
fell 15.8% in the morning session after the company reported weak fourth quarter results. Its full-year EPS and EBITDA guidance fell short of Wall Street's estimates.
In addition, while GXO Logistics narrowly topped analysts' revenue expectations this quarter, its organic revenue missed. Overall, this was a weaker quarter.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Contract logistics company GXO (NYSEGXO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 25.5% year on year to $3.25 billion. Its non-GAAP profit of $1 per share was 5.8% above analysts’ consensus estimates.
GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSEGXO) will hold its fourth quarter and full-year 2024 earnings conference call and webcast on Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company’s results will be released after market close on Wednesday, February 12, 2025, and made available at that time on investors.gxo.com.
