Why GXO Stock Is Rebounding Today
A day after plunging 15% due to a weak 2025 outlook, shares of GXO Logistics (GXO 7.60%) are rallying. The stock is up 8% as of 2:30 p.m.
GXO Logistics, Inc. (GXO) Q4 2024 Earnings Call Transcript
GXO Logistics, Inc. (NYSE:GXO ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine Kubacki - Chief Strategy Officer Conference Call Participants Joe Hafling - Jefferies Scott Schneeberger - Oppenheimer Chris Wetherbee - Wells Fargo Bascome Majors - Susquehanna International Ariel Rosa - Citi Kevin Gainey - Thompson Davis Uday Khanapurkar - TD Cowen Operator Welcome to the GXO Fourth Quarter and Full-Year 2024 Earnings Conference Call and Webcast. My name is Rob, and I'll be your operator for today's call.
Why GXO Stock Is Falling Today
GXO Logistics (GXO -15.13%) beat top- and bottom-line expectations for the fourth quarter but provided little reason for investors to get excited about what's to come in 2025.
GXO Outperforms in Revenue Growth
GXO Logistics (GXO -0.56%), a leader in the supply chain solutions industry, unveiled its earnings for the fourth quarter of 2024 on Feb. 12. The company reported an adjusted earnings per share (EPS) of $1.00, surpassing analysts' expectations of $0.94.
GXO Logistics (GXO) Beats Q4 Earnings and Revenue Estimates
GXO Logistics (GXO) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.70 per share a year ago.
GXO Reports Fourth Quarter and Full Year 2024 Results
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the fourth quarter and full year 2024.
GXO Logistics (GXO) Earnings Expected to Grow: Should You Buy?
GXO Logistics (GXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is the Options Market Predicting a Spike in GXO Logistics (GXO) Stock?
Investors need to pay close attention to GXO Logistics (GXO) stock based on the movements in the options market lately.
Castore partners with GXO to support its logistics operations globally
Teamwear, merchandise and high-quality mainline sportswear will be distributed through GXO's expert logistics services GXO will distribute teamwear to Oracle Red Bull Racing, McLaren F1, Everton FC, Glasgow Rangers, England Cricket and many more high-profile sports teams and individual athletes LONDON, U.K. and EINDHOVEN, The Netherlands, Feb. 05, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has expanded its partnership with Castore, the performance sportswear brand, to operate warehousing and transportation in the UK, US and Europe. GXO has been providing logistics services to Castore's business in the UK since April 2024, distributing teamwear to a variety of sporting teams and individuals, including Oracle Red Bull Racing, McLaren F1, Everton FC, the England Cricket teams, as well as Olympic silver medallist Adam Peaty.
GXO and Versace Renew Partnership in Italy
Renewal of omnichannel logistics agreement brings partnership to over 15 years TREZZO SULL'ADDA, Italy, Jan. 30, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced that it has renewed its partnership with Versace, the iconic luxury fashion brand, to manage omnichannel logistics for all of Versace's product lines, including B2B and B2C returns, quality control and value-added services such as labelling and garment repairs. “We are honoured that Versace continues to entrust the management of its logistics to our teams in Italy, bringing our collaboration to nearly two decades,” said Alessandro Renzo, GXO's Managing Director for Italy and Switzerland.
GXO Logistics: Short-Term Uncertainty Creates A Generational Buying Opportunity
GXO Logistics' recurring revenue, industry-leading automation, and defensive contract structures provide strong visibility, making it well-positioned to thrive across economic cycles. Organic growth is rebounding, margins are expanding, market share is increasing, and GXO remains on track to achieve its 2027 targets, fueled by e-commerce, automation, and outsourcing trends. Short-term uncertainty surrounding the new CEO, regulatory review, and rejected buyout bid has created a generational buying opportunity, despite having no tangible impact on GXO's underlying fundamentals.
GXO Schedules Fourth Quarter, Full-Year 2024 Earnings Conference Call for Thursday, February 13, 2025
GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its fourth quarter and full-year 2024 earnings conference call and webcast on Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Wednesday, February 12, 2025, and made available at that time on investors.gxo.com.
