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XPO (XPO) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, XPO (XPO - Free Report) reported revenue of $2.37 billion, up 12.4% over the same period last year. EPS came in at $1.70, compared to $1.07 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.38 billion, representing a surprise of -0.39%. The company delivered an EPS surprise of +8.97%, with the consensus EPS estimate being $1.56.

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: 80.1% versus 80.6% estimated by three analysts on average.
  • Number of working days: 64 versus the three-analyst average estimate of 64.
  • Shipments per day: 52,988 versus the three-analyst average estimate of 52,911.
  • Gross revenue per hundredweight (excluding fuel surcharges): $26.70 compared to the $26.95 average estimate based on three analysts.
  • Gross revenue per hundredweight (including fuel surcharges): $34.06 versus $33.68 estimated by three analysts on average.
  • Average weight per shipment: 1,293.00 lbs versus 1,289.41 lbs estimated by three analysts on average.
  • Net revenue per shipment: $434.37 compared to the $430.32 average estimate based on two analysts.
  • Pounds per day: 68.49 Mlbs versus the two-analyst average estimate of 68.15 Mlbs.
  • Revenue- European Transportation Segment: $900 million versus $922.74 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5% change.
  • Revenue- North American Less-Than-Truckload Segment: $1.47 billion versus $1.46 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +17.4% change.
  • Adjusted EBITDA- Corporate: $-4 million versus $-3.8 million estimated by five analysts on average.
  • Adjusted EBITDA- European Transportation Segment: $48 million versus the five-analyst average estimate of $43.76 million.

View all Key Company Metrics for XPO here>>>

Shares of XPO have returned +3.2% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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