GXO Outperforms in Revenue Growth

GXO Logistics exceeded earnings expectations with strong revenue growth, despite a decline in cash flow.GXO Logistics (GXO -0.56%), a leader in the supply chain solutions industry, unveiled its earnings for the fourth quarter of 2024 on Feb. 12. The company reported an adjusted earnings per share (EPS) of $1.00, surpassing analysts' expectations of $0.94. Revenue stood at $3.3 billion, exceeding forecasts of $3.2 billion, reflecting a 26.9% year-over-year increase. While these figures showcase GXO's growth ...