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After successfully spinning off GXO Logistics (NYSE: GXO) last year, XPO Logistics (NYSE: XPO) is on track to run the same playbook, splitting the truck brokerage business, dubbed RXO, from the core North American less-than-truckload (LTL) business. The company sold off its ...
Inflation is roiling the economy, with consumer prices up nearly 10% since a year ago in both the U.S. and Europe. The stock market had its worst first half in more than 50 years, and retail giants like Walmart are slashing profit guidance due to inflation weighing on consumer discr...
Transport issues report surprisingly strong quarters with raised guidance. Manufacturing New Orders for Motor Vehicles/Parts has ticked to all-time highs. The Trucking Tonnage Index ((TTI)) is in an uptrend. Vehicles and parts remain in high demand. Signs are present that professi...
The following slide deck was published by GXO Logistics, Inc. in conjunction with their 2022 Q2 earnings call. For further details see: GXO Logistics, Inc. 2022 Q2 - Results - Earnings Call Presentation
GXO Logistics, Inc. (GXO) Q2 2022 Earnings Conference Call August 3, 2022 08:30 ET Company Participants Mark Manduca - Chief Investment Officer Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Bill Fraine - Chief Commercial Office...
GXO Logistics ( NYSE: GXO ) is trading 5.9% higher premarket after its Q2 saw a beat in revenue and EPS and a raised FY22 organic revenue guidance based on highest-ever new business wins combined with first half achievements. During Q2, GXO won new customer contrac...
GXO Logistics press release ( NYSE: GXO ): Q2 Non-GAAP EPS of $0.68 beats by $0.06 . Revenue of $2.16B (+14.9% Y/Y) beats by $70M . FY2022 Outlook : Organic revenue growth of 12%-16% (previously 11%-15%); Adjusted diluted earnings per sh...
Highlights Second quarter revenue of $2.2 billion, up 15% year-over-year; including organic revenue growth 1 of 20%; net income attributable to GXO of $51 million; and adjusted EBITDA 1 of $176 million; diluted EPS of $0.44 and adjusted diluted EPS ...
GREENWICH, Conn., Aug. 01, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), announced today that CEO Malcolm Wilson will be joined by company representatives and members of the GXO Board of Directors to ring the Opening Bell ® at the New York Stock Exchange on Tues...
Over the past couple of years, we have collected volumes of data on Congressional insider trading and have tested the performance of different trading strategies based upon their trades. By leveraging those datasets, we have several trading strategies such as our "Congress Buy" and "C...
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2024-07-22 03:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
After leading GXO in France, Marques returns to Spain and Portugal to drive GXO's expansion MADRID, Spain, July 15, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced Rui Marques will return to Spain as Ma...
GREENWICH, Conn., July 10, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2024 earnings conference call and webcast on Tuesday, August 6, 2024, at 8:30 a.m. Eastern Time. The company’s results will be released at 6:30 a.m. on Tuesday, August 6...