Conf call redux: XPO – don’t mention 2021 or M&A or asset sales or…

XPO Logistics smugly trumped consensus estimates when it revealed its Q3 numbers last Thursday,very unusually mid-way through the trading session rather than after closing – every little helps, I guess, in terms of “managing expectations” and the resulting upside.
The shares suddenly rose over 5%, briefly touching $100 then some profit-taking occurred – now they are only a whisker away from the $100 mark, anyway – but the analysts nonetheless were full …

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Source: The Loadstar

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