XPO 3Q Revenue Tops Estimates as North American LTL Business Gets Boost from Pricing

Dow Jones

2024/10/30

Chief Executive Mario Harik said that in its North American LTL business, the company drove yield when excluding fuel surcharges higher by nearly 6.7% and increased revenue per shipment by 6.6% through pricing gains. "XPO 3Q Revenue Tops Estimates as North American LTL Business Gets Boost from Pricing" at 7:22 a.m. ET on Oct. 30 incorrectly said revenue increased through pricing gains.

(END) Dow Jones Newswires

October 30, 2024 09:32 ET (13:32 GMT)

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Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPO 3Q Revenue Tops Estimates as North American LTL Business Gets Boost from Pricing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AFG","symbol_name":"美国金融集团有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479203395","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479203395","pubTimestamp":1730287320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"XPO posted higher revenue in its latest quarter with a boost from its core business where pricing gains contributed to higher yield and revenue.The transportation company logged net income of $95 million, or 79 cents a share, up from $84 million, or 71 cents a share, a year earlier.Stripping out one time items, earnings per-share came in at $1.02. Analysts polled by FactSet expected 90 cents a share.Revenue rose to $2.05 billion from $1.98 billion. Analysts polled by FactSet expected $2.02 billion.By segment, North American less-than-truckload, or LTL, grew revenue by 1.9% to $1.25 billion. XPO's European transportation segment revenue rose by 6.8% to $803 million.Chief Executive Mario Harik said that in its North American LTL business, the company drove yield when excluding fuel surcharges higher by nearly 6.7% and increased revenue by 6.6% through pricing gains.\"We're delivering on the strong results we promised for 2024, while positioning the business to accelerate earnings growth w","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AFG":"美国金融集团有限公司","XPO":"XPO Logistics","LTL":"PROSHARES ULTRA COMMUNICATION SERVICES"},"translate_title":"北美零担业务受到定价提振，XPO第三季度收入超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFG":1,"XPO":1,"LTL":1},"content_text":"Chief Executive Mario Harik said that in its North American LTL business, the company drove yield when excluding fuel surcharges higher by nearly 6.7% and increased revenue per shipment by 6.6% through pricing gains. \"XPO 3Q Revenue Tops Estimates as North American LTL Business Gets Boost from Pricing\" at 7:22 a.m. ET on Oct. 30 incorrectly said revenue increased through pricing gains. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 30, 2024 09:32 ET (13:32 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}