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XPO: 4Q Earnings Snapshot

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GREENWICH, Conn. (AP) _ XPO Logistics Inc. (XPO) on Wednesday reported fourth-quarter profit of $125 million.

The Greenwich, Connecticut-based company said it had net income of 91 cents per share. Earnings, adjusted for non-recurring costs, were $1.19 per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The freight management company posted revenue of $4.67 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $4.22 billion.

For the year, the company reported profit of $110 million, or 78 cents per share. Revenue was reported as $16.25 billion.

XPO expects full-year earnings in the range of $5.10 to $5.85 per share.

XPO shares have climbed roughly 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $122.52, an increase of 30% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPO at https://www.zacks.com/ap/XPO