XPO Logistics Q4 2021 Earnings Report
Key Takeaways
XPO Logistics announced strong Q4 2021 results, achieving the highest quarterly revenue in company history. Revenue increased to $3.36 billion, with net income at $126 million and adjusted EPS at $1.34. The company is providing 2022 guidance for adjusted EBITDA of $1.36 billion to $1.40 billion and adjusted diluted EPS of $5.00 to $5.45.
Revenue increased to $3.36 billion for the fourth quarter, compared with $2.94 billion for the same period in 2020.
Net income from continuing operations attributable to common shareholders was $126 million for the fourth quarter, compared with $34 million for the same period in 2020.
Adjusted diluted earnings from continuing operations per share was $1.34 for the fourth quarter, compared with $0.53 for the same period in 2020.
The company expects its LTL adjusted operating ratio to inflect to year-over-year improvement mid-year 2022.
XPO Logistics
XPO Logistics
XPO Logistics Revenue by Segment
Forward Guidance
XPO Logistics anticipates a year of strong profitability for shareholders, with adjusted EBITDA of $1.36 billion to $1.40 billion and adjusted diluted EPS of $5.00 to $5.45.