SEEKING ALPHA reports:
– XPO Logistics (NYSE:XPO) pops into the middle of the day news flow with an earnings report.
– The company reports Q3 revenue ($4.22B vs. $3.86B consensus), EPS ($0.84 vs. $0.39 consensus) and adjusted EBITDA ($439M vs. $352M consensus) above consensus marks.
– CEO update: “Supply chain outsourcing is accelerating, and e-commerce continues to be a huge tailwind for us, particularly in contract logistics and last mile. We grew our last mile revenue …
Source: The Loadstar