•
Mar 31, 2023
XPO Logistics Q1 2023 Earnings Report
XPO Logistics reported revenue growth to $1.9 billion, with diluted EPS of $0.15 and adjusted diluted EPS of $0.56, up 22% year-over-year. The company also achieved the highest first quarter LTL service quality in over a decade.
Key Takeaways
XPO Logistics reported a solid first quarter with revenue increasing to $1.91 billion. Adjusted diluted EPS grew by 22% year-over-year. The company is focused on reducing operating costs and investing in capital to meet long-term customer needs, while gaining profitable market share through improved service quality.
Revenue increased to $1.91 billion.
Diluted EPS was $0.15.
Adjusted diluted EPS increased 22% year-over-year to $0.56.
The company achieved the highest first quarter LTL service quality in over a decade.
XPO Logistics
XPO Logistics
XPO Logistics Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income