Don't miss out on Monday 4th November 2024, when GXO Logistics (NYSE: GXO) will disclose its third quarter financial results after market close. Investors will have the chance to learn more about the company's performance during the quarter.
According to the predictions of financial experts on Wall Street, the business is expected to announce an anticipated $0.75 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $3.01 billion for the period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.69. This notable figure was attributed to the company's total revenue, which settled at an impressive $2.47 billion during that specific quarter.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $11.51 billion. Additionally, they predict that the earnings per share for the company will hit profit of $2.77 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.55 | -21.4% | 2.85 B | +18.9% |
| Q1 2024 | $0.45 | -8.2% | 2.46 B | +5.7% |
| Q4 2023 | $0.70 | -15.7% | 2.59 B | +5.0% |
| Q3 2023 | $0.69 | -8.0% | 2.47 B | +8.0% |
| Q2 2023 | $0.70 | +2.9% | 2.39 B | +11.0% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 5th November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
GXO Logistics (GXO) shares traded as low as $58.45 and as high as $60.33 on a day volume of 1.58 million shares, closed Friday's regular trading session at $58.58, decrease of 2.06 percent.