xpo logistics revenue

In truck brokerage, we increased volume year-over-year with lower headcount, propelled by our XPO Connect digital platform. The company operates as a highly integrated network of people, technology and physical assets in 30 countries, with 1,504 locations and approximately 100,000 employees. Revenue for the company’s logistics segment fell 8.5% to $1.4 billion in the quarter. Net income attributable to common shareholders was $96 million for the quarter, compared with $84 million for the same period in 2018. The conference will be archived until March 11, 2020. In June 2016, XPO Logistics … Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. The improvement in adjusted EBITDA primarily reflects strong cost discipline, including gains in workforce productivity, increasing traction of the company’s technology initiatives, and pricing optimization.For the full year 2019, the company reported total revenue of $16.65 billion, compared with $17.28 billion for 2018. A live webcast of the conference will be available on the investor relations area of the company’s website, xpo.com/investors. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations.

View the latest XPO financial statements, income statements and financial ratios. The company’s 2020 target for free cash flow includes an incremental benefit to free cash flow of $50 million to $70 million from trade receivables programs.On January 15, 2020, the company announced that its board of directors has authorized a review of strategic alternatives, including the possible sale or spin-off of one or more business units. Prior to joining XPO, he served as CFO of Wyndham Hotels & Resorts, Inc. Sarah Glickman, who assumed the role of acting chief financial officer on August 15, 2018, will serve in a new role as senior vice president, corporate finance and transformation.The company will hold a conference call on Tuesday, February 11, 2020, at 8:30 a.m. Eastern Time. Earnings per diluted share was $3.57 for 2019, compared with $2.88 for 2018. The gain on sale of an equity investment relates to the sale of a non-strategic equity ownership interest in a private company. Operating income was $821 million for 2019, compared with $704 million for 2018. The variability of these items may have a significant impact on our future GAAP financial results and, as a result, we are unable to prepare the forward-looking balance sheet, statement of income and statement of cash flow, prepared in accordance with GAAP that would be required to produce such a reconciliation.

In March 2012, XPO Logistics opened a national operations center in Charlotte, N.C. and listed its shares on the New York Stock Exchangein June of the same year. The increase in diluted EPS primarily reflects an increase in 2019 operating income, compared with 2018 and accretion from the company’s share repurchase activity.

We calculate free cash flow as adjusted net cash provided by operating activities, less payment for purchases of property and equipment plus proceeds from sale of property and equipment, with adjusted net cashprovided by operating activities defined as net cash provided by operating activities plus cash collected on deferred purchase price receivables. To access the replay by phone, call toll-free (from US/Canada) 1-877-660-6853; international callers dial +1-201-612-7415. Adjusted EBITDA for 2019 excludes: $49 million of restructuring costs, primarily severance; and $5 million of transaction and integration costs.On February 10, 2020, the company announced the appointment of David Wyshner as chief financial officer, effective March 2, 2020. Reconciliations of non-GAAP financial measures used in this release are provided in the attached financial tables. Excluding the gains from sales of real estate, LTL adjusted operating ratio improved by 150 basis points.Logistics segment operating income increased to $73 million for the fourth quarter 2019, compared with $42 million for the same period in 2018. The company issued the following full year 2020 targets, which do not reflect any potential impact to the company’s future financial performance from its exploration of strategic alternatives:The company’s 2020 targets for free cash flow and cash taxes assume cash interest expense of $285 million to $305 million. However, the company does not intend to sell or spin off its North American less-than-truckload unit.Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, “We delivered a good fourth quarter and a good year. We also increased net income by 18% and adjusted EBITDA by 14% in the quarter.“In our less-than-truckload unit, where we have several new technologies in place, the operating ratio was 83.9%, and the adjusted operating ratio was a fourth quarter record at 82.3%. XPO Logistics CEO named keynote speaker for FreightWaves 3PL summit Press Release | Greenwich, Conn. | Feb. 10, 2020 Back to XPO Overview ©2019, EDGAR®Online, a division of Donnelley Financial Solutions. XPO Logistics annual/quarterly revenue history and growth rate from 2006 to 2020.

Adjusted operating ratio, a non-GAAP financial measure, was a fourth quarter record at 82.3%, an improvement of 500 basis points year-over-year. From December 14, 2018 through December 31, 2019, the company repurchased 35.2 million shares of XPO common stock at an average price of $53.42 per share.Adjusted net income attributable to common shareholders was $428 million for 2019, compared with $432 million for 2018. These non-GAAP financial measures should only be used as supplemental measures of our operating performance.Adjusted EBITDA, adjusted net income attributable to common shareholders and adjusted EPS include adjustments for transaction, integration and rebranding costs, restructuring costs, litigation costs for independent contractor matters and the gain on sale of an equity investment. To continue, please pick one of the following systems: Backlinks from other websites are the lifeblood of our site and a primary source of new traffic.If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. XPO Logistics, Inc. (XPO) Revenue EPS : Previous 3 Years Next 3 Years.

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