NYSE$XPO
XPO Logistics Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
XPO Logistics reported record revenue and raised adjusted EBITDA guidance.
XPO Logistics announced strong Q2 2021 results, with revenue increasing to $5.04 billion and net income attributable to common shareholders reaching $156 million. The company also raised its adjusted EBITDA guidance for both XPO and GXO.
- Revenue increased to $5.04 billion, the highest in company history.
- Net income attributable to common shareholders was $156 million, compared to a net loss of $132 million in the same period last year.
- Operating income was $246 million, a significant improvement from the $141 million operating loss in the prior year.
- Adjusted EBITDA increased to $507 million, up from $172 million in the same period last year.
Headline financials
Revenue & EPS history
XPO Logistics · Revenue · Quarterly
$5.04B
Revenue by segment
XPO Logistics · $1B total across 1 segment · Q2 2021
- North American LTL Segment$1B+16.9%100.0%
Forward guidance
XPO increased its pre-spin combined adjusted EBITDA target for full year 2021 to a range of $1.875 billion to $1.915 billion, reflecting higher expectations for both segments following its second quarter performance. Additionally, we raised GXO’s 2022 target for adjusted EBITDA to a range of $705 million to $740 million, with year-over-year organic revenue growth of 8% to 12% next year.
Tailwinds
- Increased pre-spin combined adjusted EBITDA target for full year 2021 to a range of $1.875 billion to $1.915 billion.
- Raised GXO’s 2022 target for adjusted EBITDA to a range of $705 million to $740 million.
- GXO's year-over-year organic revenue growth of 8% to 12% next year.
- XPO full year pro forma 2021 financial targets for adjusted EBITDA
- XPO plans to deleverage to achieve an investment-grade credit rating
Headwinds
- Economic conditions generally
- COVID-19 pandemic
- Fluctuations in currency exchange rates
- Fuel price and fuel surcharge changes
- Natural disasters, terrorist attacks or similar incidents
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.9%
Avg return
Earnings day
+4.0%
Avg return
5 days after
+5.8%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+20.4%
Q4 2023
Best reaction
-35.9%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.5% | -4.2% | -1.3% | |
| Q4 2025 | +3.4% | +11.5% | +5.1% | |
| Q3 2025 | +9.2% | +12.8% | +13.9% | |
| Q1 2025 | +8.9% | +12.2% | +16.8% | |
| Q4 2024 | +7.8% | +8.6% | -20.5% | |
| Q3 2024 | +8.5% | +11.0% | +26.7% | |
| Q2 2024 | -3.4% | -3.3% | -0.2% | |
| Q1 2024 | +1.7% | +2.8% | -1.8% | |
| Q4 2023 | +20.4% | +20.0% | +24.9% | |
| Q3 2023 | +12.6% | +18.1% | +27.7% | |
| Q2 2023 | +5.6% | +7.7% | +11.2% | |
| Q1 2023 | +7.9% | +6.5% | +11.6% | |
| Q4 2022 | -14.2% | -17.4% | -21.5% | |
| Q3 2022 | -35.9% | +11.7% | +28.3% | |
| Q2 2022 | -1.1% | -9.0% | -13.3% | |
| Q1 2022 | -1.3% | -1.5% | -0.6% | |
| Q4 2021 | +9.6% | +4.9% | +13.9% | |
| Q3 2021 | -7.8% | -9.6% | -14.3% | |
| Q2 2021 | +1.6% | +3.9% | +9.4% | |
| Q1 2021 | +1.7% | +5.7% | +5.3% | |
| Q4 2020 | -3.3% | -0.3% | +2.7% | |
| Q3 2020 | +1.9% | +7.7% | +26.8% | |
| Q2 2020 | -10.8% | -7.6% | +7.4% | |
| Q1 2020 | +7.1% | +6.3% | +26.2% | |
| Q4 2019 | -1.0% | +2.1% | -35.8% | |
| Q3 2019 | +2.1% | -0.4% | +5.7% | |
| Q2 2019 | +6.7% | +1.0% | +5.0% | |
| Q1 2019 | -5.8% | -3.8% | -23.5% | |
| Q4 2018 | -12.9% | -8.4% | -16.8% | |
| Q3 2018 | +0.1% | -2.9% | -12.7% | |
| Q2 2018 | +0.7% | +4.1% | +6.8% | |
| Q1 2018 | +4.6% | +9.2% | +11.7% | |
| Q4 2017 | -5.7% | +0.1% | +15.7% | |
| Q3 2017 | +3.2% | +6.5% | +12.5% | |
| Q2 2017 | -1.3% | -1.4% | +5.2% | |
| Q1 2017 | +4.9% | +7.7% | +8.5% | |
| Q4 2016 | -0.4% | +2.4% | -5.0% | |
| Q3 2016 | +7.8% | +13.7% | +39.8% | |
| Q2 2016 | +15.0% | +29.0% | +24.7% | |
| Q1 2016 | -10.6% | — | — | |
| Q4 2015 | -3.7% | — | — | |
| Q3 2015 | +10.2% | — | — | |
| Q2 2015 | -3.1% | — | — | |
| Q1 2015 | -0.5% | — | — | |
| Q4 2014 | -1.4% | — | — | |
| Q3 2014 | -1.6% | — | — | |
| Q2 2014 | +15.6% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | +10.7% | — | — | |
| Q3 2013 | +4.0% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | -3.0% | — | — | |
| Q4 2012 | -0.6% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q1 2011 | +2.7% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | +9.4% | — | — | |
| Q3 2011 | -0.7% | — | — | |
| Q3 2010 | -0.7% | — | — | |
| Q2 2011 | -4.6% | — | — | |
| Q2 2010 | -4.6% | — | — | |
| Q4 2010 | -4.6% | — | — | |
| Q4 2009 | -4.6% | — | — | |
| Q1 2010 | +2.6% | — | — |
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