NYSE
45 days, 14 hours ago 
XPO
Xpo, INC
8-K: XPO Reports Declining North American LTL Operating Metrics for April and May 2025
XPO, Inc. disclosed preliminary and final operating metrics for its North American Less-Than-Truckload segment for May and April 2025, respectively, showing year-over-year decreases across key volume indicators.
Worse than expected
 
NYSE
64 days, 13 hours ago 
XPO
Xpo, INC
8-K: XPO, Inc. Holds 2025 Annual Meeting, Elects Directors and Ratifies KPMG Appointment
XPO, Inc. successfully held its 2025 annual meeting, where stockholders elected directors, ratified the appointment of KPMG as the independent auditor, and approved executive compensation.
NYSE
67 days, 14 hours ago 
XPO
Xpo, INC
SCHEDULE 13G/A: Capital World Investors Discloses Significant 8.3% Stake in XPO, Inc.
Capital World Investors has filed an amended Schedule 13G, revealing a beneficial ownership of 8.3% of XPO, Inc.'s common stock as of March 31, 2025.
NYSE
80 days, 14 hours ago 
XPO
Xpo, INC
10-Q: XPO Inc. Reports Q1 2025 Results: Revenue Declines Slightly, Focus Remains on LTL Growth and Efficiency
XPO Inc.'s Q1 2025 results show a slight revenue decrease, but the company is focused on strategic initiatives, particularly in North American LTL and European Transportation segments.
Worse than expected
 
NYSE
80 days, 23 hours ago 
XPO
Xpo, INC
8-K: XPO Inc. Reports Q1 2025 Results, Highlights LTL Growth Strategy
XPO Inc. released its Q1 2025 results, showcasing improvements in operating income and progress in its North American LTL business.
NYSE
80 days, 23 hours ago 
XPO
Xpo, INC
8-K: XPO Reports Mixed First Quarter 2025 Results: EPS Up, Revenue and Adjusted EBITDA Down
XPO Inc. announced its Q1 2025 financial results, revealing a slight increase in diluted earnings per share but a decrease in revenue and adjusted EBITDA compared to the same period last year.
Worse than expected
 
NYSE
88 days, 13 hours ago 
XPO
Xpo, INC
Form 4: XPO Inc. Chief Operating Officer David J. Bates Reports Stock Transactions
David J. Bates, Chief Operating Officer of XPO Inc., reports the acquisition and disposal of common stock and restricted stock units on April 21, 2025.
NYSE
108 days, 10 hours ago 
XPO
Xpo, INC
DEFA14A: XPO, Inc. Sets Date for 2025 Annual Shareholder Meeting
XPO, Inc. will hold its annual shareholder meeting on May 15, 2025, to vote on key proposals including the election of directors, ratification of the auditor, and executive compensation.
NYSE
108 days, 10 hours ago 
XPO
Xpo, INC
DEFA14A: XPO, Inc. Sets Date for 2025 Annual Stockholders Meeting
XPO, Inc. announces its 2025 Annual Meeting of Stockholders to be held virtually on May 15, 2025, with key proposals including the election of directors, ratification of KPMG as the independent auditor, and an advisory vote on executive compensation.
NYSE
108 days, 10 hours ago 
XPO
Xpo, INC
DEF 14A: XPO Inc. Announces 2025 Annual Meeting of Stockholders, Outlines Executive Compensation and Governance
XPO Inc. will hold its 2025 Annual Meeting of Stockholders on May 15, 2025, covering director elections, auditor ratification, and executive compensation.
Better than expected
 
XPO 
Xpo, INC 
NYSE

8-K: XPO Reports Mixed First Quarter 2025 Results: EPS Up, Revenue and Adjusted EBITDA Down

Sentiment:
 Earnings Release
 30 April 2025 6:45 AM

XPO Inc. announced its Q1 2025 financial results, revealing a slight increase in diluted earnings per share but a decrease in revenue and adjusted EBITDA compared to the same period last year.

Worse than expected
  The company's revenue and adjusted EBITDA decreased compared to the same period last year. 

Summary
  • XPO Inc. reported its financial results for the first quarter of 2025.
  • Diluted earnings per share increased to $0.58, compared to $0.56 in Q1 2024.
  • Adjusted diluted earnings per share decreased to $0.73, compared to $0.81 in the same period last year.
  • Revenue decreased by 3.2% year-over-year to $1.95 billion.
  • Adjusted EBITDA decreased by 3.5% year-over-year to $278 million.
  • The North American Less-Than-Truckload (LTL) segment saw a revenue decrease of 4.0% to $1.17 billion.
  • The European Transportation segment's revenue decreased by 1.9% to $782 million.
  • The company generated $142 million in cash flow from operating activities and ended the quarter with $212 million in cash and cash equivalents.
  • Shipments per day in North American LTL decreased by 5.8%, and tonnage per day decreased by 7.5%.
Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While the company highlights improvements in certain areas like EPS and operating ratio, there are declines in revenue and adjusted EBITDA. Management expresses confidence in future performance, but the mixed results temper the overall sentiment.

Positives
  • Diluted earnings per share increased to $0.58 from $0.56 year-over-year.
  • North American LTL adjusted operating ratio improved sequentially to 85.9%.
  • Yield growth, excluding fuel, in North American LTL accelerated to 6.9%.
  • Revenue per shipment improved sequentially for the ninth consecutive quarter.
  • Purchased transportation expense decreased by 53% year-over-year.
  • Operating income for the European Transportation segment improved to $1 million, compared to a loss of $4 million in the same period last year.
  • Corporate operating loss improved to $9 million from $23 million year-over-year, primarily due to a $10 million reduction in transaction and integration costs.
Negatives
  • Revenue decreased by 3.2% year-over-year to $1.95 billion.
  • Adjusted diluted earnings per share decreased to $0.73 from $0.81 year-over-year.
  • Adjusted EBITDA decreased by 3.5% year-over-year to $278 million.
  • North American LTL revenue decreased by 4.0% to $1.17 billion.
  • European Transportation revenue decreased by 1.9% to $782 million.
  • Shipments per day in North American LTL decreased by 5.8%, and tonnage per day decreased by 7.5%.
Risks
  • The company faces risks related to business, economic, political, legal, and regulatory impacts or conflicts upon its operations.
  • Supply chain disruptions and shortages, strains on production or extraction of raw materials, cost inflation, and labor and equipment shortages could negatively impact performance.
  • The company's ability to align investments in capital assets with customer demands is a risk.
  • The effectiveness of the company's action plan to improve its North American LTL business is uncertain.
  • Fluctuations in currency exchange rates, fuel prices, and fuel surcharges could impact financial results.
  • Potential cyber-attacks and information technology or data security breaches or failures pose a risk.
  • The company's indebtedness and ability to raise debt and equity capital are risks.
Future Outlook

The company's plan is driving results, with a long runway for margin expansion, supported by superior service and high-return investments in its network, and they are executing to achieve years of outperformance, regardless of the freight market environment.

Management Comments
  • Mario Harik, chief executive officer of XPO, said, 'We carried our momentum into 2025 and delivered first quarter financial results that outperformed the industry.'
  • Harik stated that the company reported adjusted EBITDA of $278 million and adjusted diluted EPS of $0.73, while operating more efficiently.
  • Harik noted a sequential improvement in adjusted operating ratio to 85.9% in North American LTL, which outpaced seasonality.
  • Harik mentioned the acceleration of first quarter yield growth, excluding fuel, to 6.9% and improved revenue per shipment sequentially for the ninth consecutive quarter, underpinned by record service quality.
  • Harik highlighted a year-over-year reduction in purchased transportation expense of 53%.
Industry Context

XPO operates in the highly competitive less-than-truckload (LTL) and transportation sectors. The results reflect the current freight environment, with a focus on efficiency and yield management. The company's performance is being compared to industry standards and competitors to assess its relative position and effectiveness.

Comparison to Industry Standards
  • The document states that XPO's first quarter financial results outperformed the industry.
  • The sequential improvement in adjusted operating ratio to 85.9% in North American LTL is presented as a positive indicator compared to typical seasonal trends.
  • The company's focus on tech-driven labor productivity and third-party linehaul insourcing aligns with industry trends towards efficiency and cost reduction.
Stakeholder Impact
  • Shareholders may react to the mixed financial results, with the EPS increase potentially offset by the revenue and adjusted EBITDA decreases.
  • Employees may be affected by the company's cost-efficiency measures and productivity gains.
  • Customers may benefit from the company's focus on service quality and network improvements.
  • Suppliers and creditors may be impacted by the company's financial performance and cash flow management.
Next Steps
  • The company held a conference call on April 30, 2025, to discuss the results.
  • The conference call will be archived until May 30, 2025.
Key Dates
  • 2024-03-31: End of the first quarter of 2024, used for year-over-year comparisons.
  • 2025-03-31: End of the first quarter of 2025, the period covered in the report.
  • 2025-04-30: Date of the press release and 8-K filing announcing the Q1 2025 results; also the date of the conference call.
  • 2025-05-30: Date until which the conference call will be archived.
Keywords
XPO, LTL, Transportation, EBITDA, Earnings, Revenue, Logistics, Freight
XPO 
Xpo, INC 
NYSE
Sector: Industrials
 
Filings with Classifications
Worse than expected
4 June 2025 4:05 PM
Operating Metrics Update
  • All reported key operating metrics for both April and May 2025 showed year-over-year decreases, indicating a decline in freight volume and activity for the North American LTL segment.
Worse than expected
30 April 2025 4:06 PM
Quarterly Report (Form 10-Q)
  • Revenue decreased by 3.2% year-over-year, indicating a weaker performance compared to the previous year.
  • North American LTL revenue declined by 4.0%, with a decrease in volume (pounds per day) by 7.5%.
Worse than expected
30 April 2025 6:45 AM
Earnings Release
  • The company's revenue and adjusted EBITDA decreased compared to the same period last year.
Better than expected
2 April 2025 8:12 PM
Proxy Statement
  • The company's 2024 financial results outpaced expectations, with significant growth in operating income, net income, and adjusted EBITDA.
  • XPO's LTL segment revenue and profitability improved, with the adjusted operating ratio exceeding the target range.
  • The company achieved all-time-high employee engagement and a 50% increase in total shareholder return, outperforming the transportation sector and the broader market.
Worse than expected
4 March 2025 4:05 PM
Press Release
  • The document contains worse than expected results because LTL tonnage per day decreased by 8.1% compared to February 2024.
Better than expected
7 February 2025 6:47 AM
Annual Results
  • The company's operating income increased significantly compared to the previous year.
  • The North American LTL segment saw strong yield growth.
  • The company reduced outsourced linehaul miles, improving cost efficiency.
Better than expected
6 February 2025 6:49 AM
Investor Presentation
  • The company's operating income increased by 24% year-over-year, indicating better than expected performance.
  • The company's adjusted EBITDA increased by 15% year-over-year, indicating better than expected performance.
  • The company's adjusted diluted EPS increased by 16% year-over-year, indicating better than expected performance.
Better than expected
6 February 2025 6:47 AM
Earnings Release
  • XPO's full year adjusted EBITDA increased by 27% compared to the prior year.
  • Adjusted diluted EPS for the full year increased by 31% compared to the prior year.
  • North American LTL business saw adjusted operating income growth of 27% for the full year.
  • The adjusted operating ratio in North American LTL improved by 260 basis points for the full year.
Worse than expected
3 December 2024 4:05 PM
Operating Metrics Update
  • The document reports a decrease in LTL tonnage per day and shipments per day for both November and October, indicating worse performance compared to the previous year.
Better than expected
30 October 2024 4:05 PM
Quarterly Report
  • The company's net income and operating income showed significant year-over-year improvements.
  • The North American LTL segment's Adjusted EBITDA increased significantly.
  • The company's revenue increased in both the North American LTL and European Transportation segments.
Better than expected
30 October 2024 6:47 AM
Investor Presentation
  • The company's Q3 2024 results exceeded expectations with significant year-over-year improvements in revenue, operating income, and adjusted EBITDA.
  • The LTL segment's performance was particularly strong, with a 17% increase in adjusted operating income and a 200 basis point improvement in the adjusted operating ratio.
  • The company's LTL yield and revenue per shipment, excluding fuel, also showed strong growth, indicating effective pricing strategies.
Better than expected
30 October 2024 6:45 AM
Quarterly Report
  • XPO's adjusted EBITDA increased by 20% year-over-year, exceeding expectations.
  • Adjusted diluted EPS grew by 16% year-over-year, surpassing prior period results.
  • The North American LTL segment's adjusted operating income increased by 17%, indicating better than expected performance.
  • The North American LTL segment achieved an adjusted operating ratio of 84.2%, which was 200 basis points better than the prior year.
Worse than expected
4 September 2024 4:05 PM
Operating Metrics Update
  • The document indicates a decrease in key metrics such as LTL tonnage per day and shipments per day, suggesting worse than expected results.
Better than expected
1 August 2024 4:06 PM
Quarterly Report
  • The company's net income and adjusted EBITDA significantly exceeded the previous year's results, indicating better than expected performance.
  • The North American LTL segment's revenue and profitability growth was substantially higher than the previous year, demonstrating better than expected results.
  • The company's strategic initiatives, such as the acquisition of service centers and in-house trailer manufacturing, are contributing to better than expected operational efficiency and cost control.
Better than expected
1 August 2024 6:48 AM
Investor Presentation
  • The company's Q2 2024 results exceeded expectations with significant year-over-year growth in revenue, adjusted EBITDA, and adjusted diluted EPS.
  • The LTL segment's performance was particularly strong, with substantial improvements in operating income and operating ratio.
  • The company's LTL damage claims ratio reached a record low, indicating better than expected operational efficiency.
Better than expected
1 August 2024 6:46 AM
Quarterly Report
  • The company's diluted EPS from continuing operations increased significantly to $1.25, compared to $0.27 in the same period last year.
  • Adjusted EBITDA grew by 40.6% to $343 million, indicating better than expected profitability.
  • The North American LTL segment showed strong growth in revenue and operating income, exceeding expectations.
Better than expected
6 June 2024 4:06 PM
Operating Metrics Update
  • The company reported a 2.4% increase in LTL tonnage per day and a 3.8% increase in shipments per day, indicating better than expected performance in a soft freight market.
Better than expected
3 May 2024 4:06 PM
Quarterly Report
  • The company's net income, operating income, and adjusted EBITDA all showed significant improvements compared to the same period last year.
  • The North American LTL segment's revenue and profitability exceeded expectations, driving the overall positive results.
Better than expected
3 May 2024 6:49 AM
Investor Presentation
  • The company's Q1 2024 results exceeded expectations with significant year-over-year growth in revenue, adjusted EBITDA, and adjusted diluted EPS.
  • The LTL segment's performance was particularly strong, with a 50% increase in adjusted operating income and a 390 basis point improvement in adjusted operating ratio.
  • The company's LTL yield, excluding fuel, increased by 9.8% year-over-year, indicating strong pricing power.
Better than expected
3 May 2024 6:46 AM
Quarterly Report
  • The company's financial results exceeded expectations, with significant improvements in revenue, EBITDA, and earnings per share.
  • The North American LTL segment showed substantial growth and efficiency gains, surpassing previous performance.
  • The company's damage claims ratio was one of the best in the industry, indicating better operational performance.
Better than expected
2 April 2024 4:05 PM
Proxy Statement
  • XPO increased total company operating income by 16% and adjusted EBITDA by 6% year-over-year in 2023.
  • XPO's stock price increased by 163% in 2023.
Worse than expected
8 February 2024 6:46 AM
Annual Results
  • Net income decreased significantly from $666 million in 2022 to $189 million in 2023, primarily due to the absence of gains from discontinued operations and higher operating expenses.
Better than expected
7 February 2024 6:52 AM
Investor Presentation
  • The company's Q4 2023 results exceeded expectations with significant year-over-year improvements in revenue, adjusted EBITDA, and LTL operating income.
  • The LTL adjusted operating ratio improved by 380 basis points year-over-year, indicating better than expected operational efficiency.
  • LTL yield, excluding fuel, increased by 10.3% year-over-year, demonstrating better than expected pricing power.
Better than expected
7 February 2024 6:50 AM
Quarterly Report
  • The company's fourth quarter results were solidly above expectations, with significant improvements in revenue, operating income, and key operating metrics in the North American LTL segment.
  • The company's adjusted EBITDA increased by 28% year-over-year, excluding real estate gains in 2022, indicating better than expected profitability.
  • The North American LTL segment outperformed on every key operating metric, including yield growth, adjusted operating income growth, and adjusted operating ratio improvement.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.