GXO Logistics (NYSE:GXO) Posts Earnings Results, Beats Expectations By $0.01 EPS

GXO Logistics (NYSE:GXO) issued its quarterly earnings results on Tuesday. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.01, FiscalAI reports. The business had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.46 billion. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 earnings per share. GXO Logistics updated its FY 2026 guidance to 2.950-3.150 EPS.

GXO Logistics Trading Down 11.1%

Shares of GXO Logistics stock traded down $5.80 on Wednesday, hitting $46.56. The stock had a trading volume of 2,221,436 shares, compared to its average volume of 1,356,872. The stock has a 50 day moving average of $50.78 and a 200 day moving average of $53.98. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85. GXO Logistics has a twelve month low of $45.40 and a twelve month high of $66.85. The firm has a market capitalization of $5.36 billion, a P/E ratio of 40.94, a PEG ratio of 1.67 and a beta of 1.55.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Wall Street Zen lowered GXO Logistics from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Citigroup began coverage on GXO Logistics in a report on Wednesday, July 15th. They set a “market outperform” rating for the company. Truist Financial reduced their price objective on GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Wells Fargo & Company assumed coverage on GXO Logistics in a research note on Tuesday, July 28th. They set an “overweight” rating and a $18.00 target price for the company. Finally, Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $58.00 to $65.00 in a report on Wednesday, May 27th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.71.

Hedge Funds Weigh In On GXO Logistics

A number of hedge funds have recently modified their holdings of the business. Allworth Financial LP lifted its holdings in GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after buying an additional 329 shares during the period. Chapman Financial Group LLC bought a new stake in shares of GXO Logistics during the 2nd quarter valued at about $34,000. Geneos Wealth Management Inc. grew its stake in GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after purchasing an additional 1,958 shares during the period. Danske Bank A S bought a new position in shares of GXO Logistics during the 3rd quarter worth approximately $79,000. Finally, CIBC Private Wealth Group LLC lifted its position in shares of GXO Logistics by 201.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock valued at $86,000 after acquiring an additional 1,083 shares during the period. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Company Profile

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.