XPO Logistics (XPO) Reports In-Line Q2 EPS

XPO Logistics (NYSE: XPO) reported Q2 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter came in at $3.76 billion versus the consensus estimate of $3.68 billion.

Raises Financial Guidance

• The company raised its full year targets for adjusted EBITDA to at least $1.365 billion in 2017 and at least $1.6 billion in 2018.
• The company reaffirmed its 2017-2018 cumulative free cash flow target of approximately $900 million, including at least $350 million of free cash flow generated in 2017.

For earnings history and earnings-related data on XPO Logistics (XPO) click here.

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