GXO Logistics, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

First quarter revenue of $2.5 billion , up 6% year over year; organic revenue growth 1 of 1% signed new business wins of approximately $250 million in annualized revenue in 1q 2024; up 55% year over year sales pipeline at 12-month high of $2.2 billion completed acquisition of wincanton on april 29, 2024 greenwich, conn., may 07, 2024 (globe newswire) -- gxo logistics, inc. (nyse: gxo) today announced results for the first quarter 2024.

Gxo advances its growth strategy to serve leading global brands across sectors in germany 70,000 automated square meter site with pioneering sustainability standards; both leed and well health-safety certified expect to create up to 650 jobs at full capacity in 2026 dorsten, germany and greenwich, conn., may 06, 2024 (globe newswire) -- gxo logistics, inc. (nyse: gxo), the world's largest pure-play contract logistics provider, today announced a 20-year partnership agreement with levi strauss & co (ls&co.) to manage operations at a state-of-the-art 70,000 square meter dorsten distribution center (ddc) launching in early june.

Acquisition expands gxo's presence in key strategic growth sectors and materially enhances offering for uk and ireland customers acquisition expands gxo's presence in key strategic growth sectors and materially enhances offering for uk and ireland customers

Gxo's partnership with virgin media o2 has helped remove 48 tonnes of single use plastic since 2021 gxo has driven a 94% reduction in single use plastics across its logistics operation london, u.k., april 26, 2024 (globe newswire) -- gxo logistics, inc.  (nyse: gxo), the world's largest pure-play contract logistics provider, announced today that its industry-leading solutions have helped its long-term partner, virgin media o2, to significantly reduce plastic waste in its logistics operations. gxo has worked with the telecomms company to cut its consumption of single use plastics (sup) from products sent to cable customers by almost 48 tonnes since 2021, further advancing both companies' esg achievements.

Greenwich, conn., april 25, 2024 (globe newswire) -- gxo logistics, inc. (“gxo” or the “company”) (nyse: gxo) today announced the pricing of $600 million of notes due 2029 (the “2029 notes”) and $500 million of notes due 2034 (the “2034 notes”, and together with the 2029 notes, the “notes”) in a registered public offering. each offering of notes is expected to close on may 6, 2024, subject to the satisfaction of customary closing conditions.

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.

GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its first quarter 2024 earnings conference call and webcast on Wednesday, May 8, 2024, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Tuesday, May 7, 2024, and made available at that time on www.investors.gxo.com .

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GXO Logistics: Underlying Trends Are Painting A Positive Outlook

Wincanton PLC (LSE:WIN, OTC:WNCNF) has confirmed US logistics group GXO as an interested party in a heated bidding war with the London-listed company. Shares Wincanton continued to surge higher on Monday as news of a second potential buyer for the logistics company emerged.

Wincanton plc (LON: WIN) is up 11% on Monday following a report that GXO Logistics Inc (NYSE: GXO) is interested in taking over the company based out of Chippenham, United Kingdom. Wincanton also receives raised offer from CMA What GXO is willing to pay for Wincanton remains unknown.

GXO Logistics (GXO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.83 per share a year ago.

GXO Logistics (GXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.