XPO Beat 1Q18 Estimates, but Higher Operating Costs Hurt Stock
XPO Logistics, the US’s second-largest LTL (less-than-truckload) services provider, announced 1Q18 earnings after market hours on May 2. The company will hold its conference call on May 3 at 8:30 AM EST. The dominant road freight carrier (JBHT) in the US reported adjusted EPS (earnings per share) of $0.61, surpassing analysts’ estimate of $0.51. The company beat analysts’ projections by a wide margin of 19.6%.