U.S. Markets open in 8 hrs 39 mins

XPO Logistics Q3 Earnings Outlook

Benzinga Newsdesk

On Monday, XPO Logistics (NYSE: XPO) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Analysts expect XPO Logistics earnings of $1.04 per share. Revenue will likely be around $4.27 billion, according to the consensus estimate.

View more earnings on XPO

In the same quarter last year, XPO Logistics announced EPS of 89 cents on revenue of $4.33 billion. The analyst consensus estimate would represent a 16.85% increase in the company's earnings. Sales would be down 1.50% from the same quarter last year. XPO Logistics's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2019 Q1 2019 Q4 2018 Q3 2018
EPS Estimate 1.040 0.410 0.83 0.98
EPS Actual 1.280 0.510 0.72 0.89

Stock Performance

Over the past 52-week period, shares of XPO Logistics have declined 9.1%. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on XPO Logistics stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

See more from Benzinga

© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Dow Jones Futures Plunge As Coronavirus Spreads Rapidly; Apple, Tesla Lead Huge Earnings Week
    Business
    Investor's Business Daily

    Dow Jones Futures Plunge As Coronavirus Spreads Rapidly; Apple, Tesla Lead Huge Earnings Week

    Apple stock just edged lower last week while AMD stock, Microsoft stock and Facebook stock fell 1%-2%. But they and most other leaders are looking healthy. Tesla stock actually surged 11%.

  • Stocks Tumble With Oil; Yen Climbs With Treasuries: Markets Wrap
    Business
    Bloomberg

    Stocks Tumble With Oil; Yen Climbs With Treasuries: Markets Wrap

    Stocks and crude oil tumbled, and havens including the yen and Treasuries jumped, as fears deepened about the rising impact of the deadly coronavirus. With no sign of the disease's containment, traders rushed out of risk assets. Contracts on the S&P 500 Index fell more than 1% before paring losses and Japan's Topix slid.

  • U.S. Stock Index Futures Slide as Virus Spread Saps Risk Demand
    Business
    Bloomberg

    U.S. Stock Index Futures Slide as Virus Spread Saps Risk Demand

    S&P 500 Index futures contracts expiring in March fell as much as 1.3% as of 9:11 a.m. in Tokyo, after China extended the Lunar New Year holiday for an unspecified period of time to help stem the spread of the coronavirus that has killed at least 56 people. President Xi Jinping on Saturday ordered a faster response, sending teams into hard-hit areas to push local officials to strengthen prevention and containment. “Although stock markets remained reasonably calm last week, we believe the full impact on sentiment from fears of the coronavirus has clearly yet to be felt,” Amir Anvarzadeh, senior strategist at Asymmetric Advisors in Singapore, wrote in a note.

  • Adam Schiff's Closing Remarks at Impeachment Trial Disturbs Some GOP Senators
    Politics
    Meredith Videos

    Adam Schiff's Closing Remarks at Impeachment Trial Disturbs Some GOP Senators

    Senate Republicans said lead impeachment prosecutor Adam Schiff insulted them during the trial by repeating an anonymously sourced report that the White House had threatened to punish Republicans who voted against President Donald Trump.

  • How the stock market has performed during past viral outbreaks, as epidemic locks down 16 Chinese cities
    World
    MarketWatch

    How the stock market has performed during past viral outbreaks, as epidemic locks down 16 Chinese cities

    According to Dow Jones Market Data, the S&P 500 posted a gain of 14.59% after the first occurrence of SARS back in 2002-03, based on the end of month performance for the index in April, 2003. About 12 months after that point, the broad-market benchmark was up 20.76% (see attached table): SARS resulted in a total of about 8,100 people being sickened during the 2003 outbreak, with 774 people dying, according to data from WHO and the Centers for Disease Control and Prevention. Separately, the S&P 500 rose 11.66% in the roughly six months following reports of the 2006 Avian flu virus — a fast-moving pathogen also known as H5N1.

  • One of the most successful stock-market investors says these 3 events ‘would definitely trigger a bear market’
    Business
    MarketWatch

    One of the most successful stock-market investors says these 3 events ‘would definitely trigger a bear market’

    Stanley Druckenmiller, one of Wall Street's most successful investors, acknowledges that the markets are riding high and that investors may be able to finally breathe freely in the short term after a number of shocks, but says investors should be wary of three events that could knock assets into a bear market. One of the reasons I'm pretty sanguine right now is I think we're close enough to the election, at least we can breathe for a few months,” he told Bloomberg Television during a recent interview. But there are a trio of situations that could upend that optimism — and perhaps permanently.

  • Toll Brothers gears up to sell 2,200 homes in the West Valley
    Business
    American City Business Journals

    Toll Brothers gears up to sell 2,200 homes in the West Valley

    The 780-acre community includes 13 model homes and three community pools. It also will include an 18-hole Jack Nicklaus-designed private golf facility, which is the first golf course to be built in the West Valley in nearly a decade. The golf course is expected to be completed by January 2021, with a 35,000-square-foot clubhouse to be completed soon after, said Ryan Stemsrud, general manager for Sterling Grove Golf Club.

  • This basket of dividend growth stocks can help your portfolio stand out in 2020
    Business
    MarketWatch

    This basket of dividend growth stocks can help your portfolio stand out in 2020

    Analysts at Goldman Sachs are highlighting a “dividend growth basket” of stocks at a time when valuations for the U.S. stock market have shot up to their second-highest level since June 2002. In the firm's recent “U.S. Weekly Kickstart” report Jan. 3, the analysts, led by David Kostin, recommended investors be cautious and look for “growth at a reasonable price,” but also included a group of dividend stocks with low price-to-earnings valuations relative to the S&P 500 (SPX) that also appear likely to continue raising their dividend payouts more quickly than the broader market.

  • Why the coronavirus outbreak could trigger a stock-market pullback
    Business
    MarketWatch

    Why the coronavirus outbreak could trigger a stock-market pullback

    However, the missing ingredient to temporarily halt the advance in the market has been a catalyst,” said Jeff deGraaf, chairman of Renaissance Macro Research, in a Friday note. U.S. stocks gave up early gains Friday, trading lower as the death toll in China mounted and after the Centers for Disease Control and Prevention confirmed a second case in the U.S. Cases have turned up in other countries as well, including Japan, Taiwan, South Korea and Singapore. The S&P 500 index (SPX) fell 0.9% Friday, for its biggest one-day loss since Oct. 8, while the Dow Jones Industrial Average (DJIA) 170.36 points, or 0.6%.

  • Roth IRA Contributions with No Job?
    Business
    Investopedia

    Roth IRA Contributions with No Job?

    The internal Revenue Service (IRS) gets a little grumpy if you contribute to a Roth individual retirement account (IRA) without what it calls earned income. You don't necessarily need a formal job to contribute to a Roth IRA. Although it's not true in all cases, if you're paying taxes on any type of income from working, there's a good chance that you can make Roth IRA contributions.

  • Business
    Barrons.com

    A Giant Fund Sold Apple and Costco Stock. Here’s What It Bought.

    Dutch pension giant PGGM made some major moves in its U.S.-traded stock investments. In the fourth quarter, PGGM initiated a stake in (V) stock (ticker: V), and tripled its investment in (MSFT) stock (MSFT). PGGM disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission.

  • 3 Monster Growth Stocks That Are Ready for the Next Leg Higher
    Business
    TipRanks

    3 Monster Growth Stocks That Are Ready for the Next Leg Higher

    With no price increases expected for three years and little to no competition anticipated from Novartis' recently released ADAKVEO antibody treatment for sickle cell disease, the analyst thinks the market opportunity is large. Bearing this in mind, she bumped up the price target from $120 to $143 in addition to maintaining her bullish call. To watch Moussatos' track record, click here) In terms of the rest of the Street, a majority of analysts also see GBT as a Buy, 13 out of 16 to be exact.

  • No Survivors in Helicopter Crash That Killed Kobe Bryant, Eight Others
    News
    WSJ

    No Survivors in Helicopter Crash That Killed Kobe Bryant, Eight Others

    Kobe Bryant, the former Los Angeles Lakers superstar, died in a helicopter crash on Sunday, NBA officials confirmed to league employees. He was 41 years old. Bryant's 13-year-old daughter, Gianna, was also killed in the crash.

  • Fired salesman disrupts car-buying industry with word-of-mouth 'concierge' business
    Business
    USA TODAY

    Fired salesman disrupts car-buying industry with word-of-mouth 'concierge' business

    Brian Carroll had never been fired or let go from a job. Just a handshake goodbye because the car dealership that employed him for eight years needed to save money. “I was driving home, crying my eyes out, to tell you the truth," said Carroll, 51, of Macomb Township.

  • Head of U.S.’ largest bank says central banks are fueling a sovereign debt bubble, negative-rates won’t ‘end well’
    Business
    MarketWatch

    Head of U.S.’ largest bank says central banks are fueling a sovereign debt bubble, negative-rates won’t ‘end well’

    Jamie Dimon doesn't have much positive to say about negative interest rates in Europe and Japan or public policy in the United States during the past decade. The JPMorgan Chase & Co. (JPM) Chairman and CEO blasted the policy of negative interest rates adopted in Europe and Japan during an interview with CNBC, while arguing that economic growth in the U.S. could have been nearly double its actual rate if the government policy had been better. Dimon took aim at fiscal and other economic policies in place at the U.S. federal level.

  • Young trader’s epic Beyond Meat stock misfire: ‘Biggest mistake of my life’
    Business
    MarketWatch

    Young trader’s epic Beyond Meat stock misfire: ‘Biggest mistake of my life’

    For veteran Wall Street types, $12,000 is a rounding error, but for a guy getting his feet wet in the options pits, losing that much will leave a scar. Unfortunately, that's what happened this week to an anonymous trader whom we'll call “Juice,” if the sob story he shared on Reddit is accurate. “I thought I'd give options a try because I was doing pretty well swing trading and it was probably the biggest mistake of my life,” he wrote in a post.

  • Tesla earnings: Will results help keep the rally alive?
    Business
    MarketWatch

    Tesla earnings: Will results help keep the rally alive?

    The company will have to convince investors that its fundamentals justify the string of record highs the stock has hit since mid-December. Investors will zero in on Tesla's 2020 sales outlook, said Garrett Nelson, an analyst with CFRA. Generally, we think the recent stock price run-up has greatly raised the bar in terms of expectations and elevated the risk of disappointment,” he said.

  • Oil Tumbles on Virus Fear While Saudis See ‘Very Limited’ Impact
    World
    Bloomberg

    Oil Tumbles on Virus Fear While Saudis See ‘Very Limited’ Impact

    Goldman Sachs Group Inc. predicted that global oil demand may take a hit, but Saudi Arabia said it believes the crisis so far will have a “very limited impact” on consumption. The virus is the latest upheaval for the oil market, which has been hit with turmoil in OPEC producers from the Middle East and North Africa. “This could be one of the most significant demand destruction events in history,” Phil Flynn, an analyst at Price Futures Group Inc., said by email.

  • Norway tells Toyota to stop calling hybrid cars “self-charging”
    Business
    Quartz

    Norway tells Toyota to stop calling hybrid cars “self-charging”

    Toyota pioneered the hybrid-electric Prius in 1997, but it has steered clear of developing all-electric cars. Executive vice-president Shigeki Terashi said last June that the company's policy toward battery-electric vehicles hasn't changed, citing a limited supply of batteries. “We are not shifting our focus to prioritize battery EVs, nor are we abandoning our [hydrogen fuel cell] strategy,” he said.

  • Tesla will mark the beginning of the end for this bull market, warns Ralph Nader
    Business
    MarketWatch

    Tesla will mark the beginning of the end for this bull market, warns Ralph Nader

    Apparently so, according to consumer advocate and former presidential candidate Ralph Nader, who issued a stark warning this week, not only on the electric-car maker's pricey stock, but on the stock market as a whole. “Deep in debt, selling less than 400,000 vehicles last year and challenged by several competing electric car models in 2020, Tesla's stock valuation stunningly exceeds VW which sold over 10 million vehicles last year,” Nader added in a follow-up tweet. Of course, his stance didn't sit well with Tesla fans.

  • Coronavirus and Mideast tensions aren’t the stock market’s biggest problems this week, strategist warns
    Business
    MarketWatch

    Coronavirus and Mideast tensions aren’t the stock market’s biggest problems this week, strategist warns

    He said the S&P 500 (SPX)could see a pullback of as much as 5%. Stocks are relatively priced for perfection, and you tend to have a bit of an overreaction to bad news or in-line news when that happens,” he continued. With a crowded slate of earnings on tap, Hogan warned that it will probably be the biggest winners getting the biggest haircuts.

  • QQQ vs. TQQQ: What's the Difference?
    Business
    Investopedia

    QQQ vs. TQQQ: What's the Difference?

    QQQ vs. TQQQ: An Overview With the Nasdaq Composite soaring to record heights and the technology sector ranking as this year's best-performing group, it is not surprising that many investors are evaluating technology and Nasdaq-related exchange-traded funds (ETFs). The Invesco QQQ is an exchange-traded fund (ETF) that is widely held and tracks the Nasdaq 100 Index. Its focus is on large international and U.S. companies in the technology, health care, industrial, consumer discretionary, and telecommunications sectors.

  • U.S Mortgage Rates Hit Reverse as the Coronavirus Spreads
    Business
    FX Empire

    U.S Mortgage Rates Hit Reverse as the Coronavirus Spreads

    Mortgage rates hit reverse in the week ending 23rd January, falling by 5 basis points to 3.60%. In the week ending 16th January, mortgage rates had risen by 1 basis point to 3.65%. The weekly decline left mortgage rates at the lowest level in 3-months and about a quarter-point above all-time lows, according to figures released by Freddie Mac.

  • Intel Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next
    Business
    Simply Wall St.

    Intel Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

    It's been a pretty great week for Intel Corporation (NASDAQ:INTC) shareholders, with its shares surging 15% to US$68.47 in the week since its latest full-year results. The result was positive overall - although revenues of US$72b were in line with what analysts predicted, Intel surprised by delivering a statutory profit of US$4.71 per share, modestly greater than expected. Analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of.

  • Global Markets: Shares, oil slide as China virus fears intensify; yen, Treasuries in demand
    World
    Reuters

    Global Markets: Shares, oil slide as China virus fears intensify; yen, Treasuries in demand

    Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan's Nikkei average suffered a steep 1.8% loss, on track for the biggest one-day fall in three weeks. U.S. S&P 500 mini futures was last down 0.9%, having fallen 1.3% in early Asian trade.