XPO is scheduled to announce its second-quarter earnings this Thursday before market open. Analysts expect revenue to grow 10.1% year on year, an improvement from flat revenue in the same quarter last year. The company beat revenue expectations last quarter, reporting $2.10 billion, up 7.3% year on year. Peers in the ground transportation segment have already reported mixed results, with Knight-Swift Transportation posting 12.6% revenue growth and Landstar up 18.1%, both topping estimates. XPO's stock price was unchanged over the last month, heading into earnings with an average analyst price target of $228.61 compared to the current share price of $204.86.
XPO Logistics IncXPO is about to report Q2 earnings; the article discusses revenue expectations and past performance, which is a capital event.
Knight Transportation Inc
Landstar System Inc