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XPO (XPO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended March 2026, XPO (XPO - Free Report) reported revenue of $2.1 billion, up 7.3% over the same period last year. EPS came in at $1.01, compared to $0.73 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.06 billion, representing a surprise of +1.75%. The company delivered an EPS surprise of +13.97%, with the consensus EPS estimate being $0.89.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how XPO performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Adjusted operating ratio: 83.9% versus 84.3% estimated by three analysts on average.
  • Number of working days: 63 versus 63 estimated by three analysts on average.
  • Shipments per day: 49,834 versus the three-analyst average estimate of 49,223.
  • Gross revenue per hundredweight (excluding fuel surcharges): $25.71 versus $25.86 estimated by three analysts on average.
  • Gross revenue per hundredweight (including fuel surcharges): $30.61 versus $30.11 estimated by three analysts on average.
  • Average weight per shipment: 1,315.00 lbs compared to the 1,327.21 lbs average estimate based on three analysts.
  • Net revenue per shipment: $394.14 versus the two-analyst average estimate of $399.45.
  • Pounds per day: 65.51 Mlbs compared to the 65.29 Mlbs average estimate based on two analysts.
  • Revenue- European Transportation Segment: $868 million compared to the $832.08 million average estimate based on four analysts. The reported number represents a change of +11% year over year.
  • Revenue- North American Less-Than-Truckload Segment: $1.23 billion compared to the $1.22 billion average estimate based on four analysts. The reported number represents a change of +4.9% year over year.
  • Adjusted EBITDA- Corporate: $-4 million versus $-4.2 million estimated by five analysts on average.
  • Adjusted EBITDA- European Transportation Segment: $33 million compared to the $32.26 million average estimate based on five analysts.

View all Key Company Metrics for XPO here>>>

Shares of XPO have returned +9.2% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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