GXO Logistics (GXO) Q1 Earnings Meet Estimates

GXO Logistics (GXO) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.49 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this contract logistics provider would post earnings of $0.69 per share when it actually produced earnings of$0.70, delivering a surprise of 1.45%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.GXO Logistics ...