NYSE$XPO

XPO Logistics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

XPO Logistics reported record quarterly revenue and solid growth, driven by North American truck brokerage and LTL improvements.

XPO Logistics announced strong Q4 2021 results, achieving the highest quarterly revenue in company history. Revenue increased to $3.36 billion, with net income at $126 million and adjusted EPS at $1.34. The company is providing 2022 guidance for adjusted EBITDA of $1.36 billion to $1.40 billion and adjusted diluted EPS of $5.00 to $5.45.

  • Revenue increased to $3.36 billion for the fourth quarter, compared with $2.94 billion for the same period in 2020.
  • Net income from continuing operations attributable to common shareholders was $126 million for the fourth quarter, compared with $34 million for the same period in 2020.
  • Adjusted diluted earnings from continuing operations per share was $1.34 for the fourth quarter, compared with $0.53 for the same period in 2020.
  • The company expects its LTL adjusted operating ratio to inflect to year-over-year improvement mid-year 2022.

Headline financials

Total Revenue

$3.36B

Previous: $4.67M+71947.2%
EPS (adj)

$1.34

Previous: $1.19+12.6%
Capital Expenditures

$101M

Previous: $149M-32.2%
Free Cash Flow

$57M

Previous: $91M-37.4%
Net Income

$126M

Previous: $93M+35.5%
Operating Income

$174M

Previous: $228M-23.7%
Gross Profit

$509M

Previous: $744M-31.6%
Cash & Equivalents

$260M

Previous: $2.1B-87.6%
Total Assets

$8.72B

Previous: $16.2B-46.1%
Stock-Based Comp

$8M

Previous: $9M-11.1%

Revenue & EPS history

XPO Logistics · Revenue · Quarterly

$3.36B

Q4 2021+71,947.2%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

XPO Logistics · $856M total across 1 segment · Q4 2021

  • North American LTL Segment
    $856M

Forward guidance

XPO Logistics anticipates a year of strong profitability for shareholders, with adjusted EBITDA of $1.36 billion to $1.40 billion and adjusted diluted EPS of $5.00 to $5.45.

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 2021

Historical avgQ4 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

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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