GXO Logistics Q3 2022 Earnings Report
Key Takeaways
GXO Logistics reported a revenue increase to $2.3 billion, a net income of $63 million, and an adjusted EBITDA of $192 million. The company reiterated its full-year guidance and highlighted the ongoing integration of Clipper Logistics.
Third quarter revenue reached $2.3 billion, up 16% year-over-year, with 16% organic revenue growth.
Net income attributable to GXO was $63 million, with adjusted EBITDA at $192 million.
Diluted EPS was $0.53, and adjusted diluted EPS was $0.75.
Full-year 2022 guidance reiterated, including 12-16% organic revenue growth and adjusted EBITDA of $715-$750 million.
GXO Logistics
GXO Logistics
GXO Logistics Revenue by Segment
GXO Logistics Revenue by Geographic Location
Forward Guidance
GXO is reiterating its full-year 2022 guidance, including 12%-16% organic revenue growth and adjusted diluted earnings per share of $2.70-$2.90.
Positive Outlook
- Organic revenue growth of 12%-16%.
- Adjusted diluted earnings per share of $2.70-$2.90.
- Adjusted EBITDA of $715 million to $750 million.
- Return on invested capital of greater than 30%.
- Free cash flow of approximately 30% of adjusted EBITDA.
Revenue & Expenses
Visualization of income flow from segment revenue to net income