XPO - Transportation & Logistics Giant XPO Stock Hits 52-Week High - Sign Of A Healthy Economy? | Benzinga
XPO Inc (NYSE:XPO) reported fourth-quarter fiscal 2023 revenue growth of 6% year-over-year to $1.94 billion, beating the consensus of $1.92 billion.
The increase in revenue was due to higher yield, excluding fuel, and an increase in tonnage per day in the North American LTL segment.
Adjusted EPS was $0.77, down from $0.98 a year ago, beating the consensus of $0.62.
Operating income was $119 million, compared to $4 million a year ago. Adjusted EBITDA increased 0.8% Y/Y to $264 ...