NYSE$XPO

XPO Logistics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported double-digit year-over-year growth in revenue and operating income for the fourth quarter.

XPO Logistics announced strong Q4 2020 results with revenue increasing to $4.67 billion and operating income reaching $228 million. The company's investments in people and technology drove the highest quarterly revenue in its history, with significant growth in truck brokerage and LTL sectors. XPO Logistics issued 2021 guidance for 24% to 29% year-over-year growth in adjusted EBITDA.

  • Revenue increased to $4.67 billion, compared to $4.14 billion in Q4 2019.
  • Operating income was $228 million, up from $202 million in Q4 2019.
  • Adjusted EBITDA reached $449 million, compared to $432 million in the same period last year.
  • The company generated $91 million of free cash flow for the quarter.

Headline financials

Total Revenue

$4.67M

Previous: $4.14B-99.9%
EPS (adj)

$1.19

Previous: $1.12+6.2%
Capital Expenditures

$149M

Previous: $188M-20.7%
Free Cash Flow

$91M

Previous: $221M-58.8%
Net Income

$93M

Previous: $96M-3.1%
Operating Income

$228M

Previous: $202M+12.9%
Gross Profit

$744M

Previous: $650M+14.5%
Cash & Equivalents

$2.1B

Previous: $1.48B+41.9%
Total Assets

$16.2B

Previous: $14.1B+14.5%
Stock-Based Comp

$9M

Previous: $19M-52.6%

Revenue & EPS history

XPO Logistics · Revenue · Quarterly

$4.67M

Q4 2020-99.9%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

The company issued full-year 2021 targets, anticipating adjusted EBITDA of $1.725 billion to $1.8 billion, reflecting year-over-year growth of 24% to 29%.

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 2020

Historical avgQ4 2020

+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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