XPO Logistics Q1 2024 Earnings Report
Key Takeaways
XPO Logistics reported strong first quarter 2024 results, with revenue up 6% year-over-year to $2.02 billion. The company's adjusted diluted EPS increased by 45% to $0.81, and adjusted EBITDA grew by 37% to $288 million. North American LTL segment saw a 50% increase in adjusted operating income and a 390-basis-point improvement in adjusted operating ratio.
Revenue increased by 6% year-over-year, reaching $2.02 billion.
Adjusted diluted EPS grew by 45% year-over-year, amounting to $0.81.
Adjusted EBITDA increased by 37% year-over-year, totaling $288 million.
North American LTL segment's adjusted operating ratio improved by 390 basis points to 85.7%.
XPO Logistics
XPO Logistics
XPO Logistics Revenue by Segment
Forward Guidance
No specific forward guidance provided in the current report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income