NYSE$XPO

XPO Logistics Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

XPO Logistics reported strong Q4 2019 results with significant EPS and adjusted EBITDA growth.

XPO Logistics announced a positive fourth quarter, with a 50% increase in EPS and a 56% increase in adjusted EPS. The company also saw an 18% increase in net income and a 14% increase in adjusted EBITDA. The LTL unit achieved a record adjusted operating ratio.

  • EPS grew by 50% and adjusted EPS by 56% for the fourth quarter.
  • Net income grew by 18% and adjusted EBITDA by 14% for the fourth quarter.
  • The LTL unit's adjusted operating ratio was a fourth quarter record at 82.3%.
  • The company provided guidance for 7% to 10% growth in adjusted EBITDA for full year 2020.

Headline financials

Total Revenue

$4.14B

Previous: $4.39B-5.8%
EPS (adj)

$1.12

Previous: $0.72+55.6%
NA LTL Shipments per day

47.0K

No prior period
NA LTL Pounds per day (thousands)

23.0M

No prior period
NA LTL Average weight per shipment

490

No prior period
NA LTL Gross revenue per hundredweight (excl fuel)

$20.42

No prior period
Capital Expenditures

$188M

Previous: $138M+36.3%
Free Cash Flow

$221M

Previous: $428M-48.4%
Net Income

$96M

Previous: $91M+5.5%
Operating Income

$202M

Previous: $126M+60.3%
Gross Profit

$650M

Previous: $612M+6.2%
Cash & Equivalents

$1.48B

Previous: $502M+194.8%
Total Assets

$14.1B

Previous: $12.3B+15.1%
Stock-Based Comp

$19M

Previous: -$15.1M+225.8%

Revenue & EPS history

XPO Logistics · Revenue · Quarterly

$4.14B

Q4 2019-5.8%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

XPO Logistics · $2.02B total across 2 segments · Q4 2019

  • European Transportation Segment
    $1.07B-9.8%
  • North American LTL Segment
    $949M-3.6%

Forward guidance

The company issued full year 2020 targets, which do not reflect any potential impact from its exploration of strategic alternatives.

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 Q4 2019

Historical avgQ4 2019

+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

Earnings price reactions
QuarterReport dateReaction (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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