GXO Logistics, Inc. (GXO) Q3 2024 Earnings Call Transcript
GXO Logistics, Inc. (NYSE:GXO ) Q3 2024 Earnings Conference Call November 5, 2024 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 Ravi Shanker - Morgan Stanley Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Bascome Majors - Susquehanna Jason Seidl - TD Cowen Ariel Rosa - Citigroup Tom Wadewitz - UBS Operator Welcome to the GXO Third Quarter 2024 Earnings Conference Call and Webcast. My name is Rob, and I will be your operator for today's call.
GXO Logistics (GXO) Tops Q3 Earnings and Revenue Estimates
GXO Logistics (GXO) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.69 per share a year ago.
UK watchdog finds competition concerns in GXO Logistics-Wincanton deal
Britain's competition watchdog said on Friday the acquisition of Wincanton by U.S.-based warehousing firm GXO Logistics , for 762 million pounds ($983.97 million), could reduce competition and raise prices for customers.
GXO Logistics (GXO) Reports Next Week: Wall Street Expects Earnings Growth
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.
With Shares Surging on Talk of a Buyout, Is GXO Logistics a Buy?
A news report suggests GXO Logistics is seeing buyout interest from multiple parties.
GXO Logistics: Four Reasons Why I Bought The Dip
GXO's stock recently declined as a result of Q2-24 earnings, I view this as an opportunity to buy a high quality business ata great price. GXO is the global leader in logistics contracting serving 1,200 customers located in 27 countries and 30% of fortune 100% companies. GXO has an asset light business model, predictable cash flow generation, and is riding multiyear tailwinds.
3 Stocks Options Traders Safeguarded with Puts After Market Jolt
Most investors tend to panic sell once the market's volatility awakens from its often long sleep. As the S&P 500 or the value of any portfolio starts to decline suddenly like it did last week, the main risk management tool market participants look to is simply to reduce exposure to these positions, and that's typically done by selling out.
GXO Logistics: Leading Indicators Suggest A Robust Growth Outlook
GXO Logistics' 2Q24 performance showed strong revenue growth and organic growth acceleration, leading to a positive outlook for the company. Macro indicators such as improving retail sales and inventory levels support GXO's growth trajectory and confidence in meeting FY27 targets. Management's reaffirmation of guidance and focus on automation (positive for long-term margin expansion) further solidify the buy rating for GXO.
Down 54%, Is It Time to Buy the Dip on This Growth Stock?
GXO Logistics fell to near a 52-week low after its recent earnings report. Organic revenue growth slipped to 2% as the macro economy remains sluggish.
GXO Logistics, Inc. (GXO) Q2 2024 Earnings Call Transcript
GXO Logistics, Inc. (NYSE:GXO ) Q2 2024 Results Conference Call August 6, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine Kubacki - Chief Strategy Officer Conference Call Participants Stephanie Moore - Jefferies Scott Schneeberger - Oppenheimer Chris Wetherbee - Wells Fargo Brian Ossenbeck - JPMorgan Ravi Shanker - Morgan Stanley Jason Seidl - TD Cowen David Zazula - Barclays Kevin Gainey - Thompson, Davis & Company Operator Hello, and welcome to the GXO Second Quarter 2024 Earnings Conference Call and Webcast. My name is Dana, and I will be your operator for today's call.
GXO Logistics (GXO) Q2 Earnings Miss Estimates
GXO Logistics (GXO) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.70 per share a year ago.
