XPO Inc
XPO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$78.00 | Ybx | Jxzjfbzzs |
XPO Earnings: 2024 Growth Outlook Solid Thanks to Yellow Share Gains and Favorable Pricing Backdrop
XPO’s fourth-quarter organic top line rose 6% year over year thanks to LTL shipment diversions and industrywide pricing strength linked to the mid-2023 Yellow failure. Revenue came in slightly ahead of our forecast. XPO's flagship LTL revenue rose a robust 9%, while European trucking segment revenue was up 2% on pricing strength.