GXO Logistics (GXO) Q2 Earnings Miss Estimates

GXO Logistics (GXO) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of$ 0.57 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.51%. A quarter ago, it was expected that this contract logistics provider would post earnings of$ 0.45 per share when it actually produced earnings of $0.45, delivering no surprise. Over the last four quarters, th ...