Loading...
•
Sep 30, 2024
XPO Logistics Q3 2024 Earnings Report
XPO Logistics reported strong year-over-year earnings growth due to improvements in a soft freight environment.
Key Takeaways
XPO Logistics reported Q3 2024 earnings with revenue of $2.05 billion, up from $1.98 billion in the same period last year. The company's diluted earnings per share increased to $0.79 from $0.72, and adjusted diluted EPS rose to $1.02 from $0.88. Adjusted EBITDA increased by 20% to $333 million.
Increased adjusted EBITDA by 20% company-wide.
Increased adjusted diluted EPS by 16%.
North American LTL adjusted operating income grew by 17%.
Achieved an adjusted operating ratio of 84.2% in North American LTL, a 200 basis points improvement year-over-year.
XPO Logistics
XPO Logistics
XPO Logistics Revenue by Segment
Revenue by Segment
North American Less-Than-Truckload Revenue
CapyFin.comEuropean Transportation Revenue
CapyFin.com Forward Guidance
XPO is delivering strong results for 2024 and positioning the business to accelerate earnings growth when the freight market recovers.
Revenue & Expenses
Visualization of income flow from segment revenue to net income