Earnings

GXO Logistics Inc. reported fourth quarter revenue came in at $2.3 billion, marking a 28% annual increase, when it was still part of XPO Logistics, for a new company high. Net income came in at $56 million and was up 10.8% annually, and operating income, at $63 million, was up 20.6%. Adjusted EBITDA also saw a new high, at $167 million, rising 12.6% annually. For calendar year 2021, revenue, at $7.9 billion, rose 21.5%, with operating income at $151 million.

Quarterly revenue, at $1.41 billion was up 31.4% annually, with LTL services revenue, at $1.39 billion, also posting a 31.4% annual gain. Operating income saw a 46.5% annual increase, to $372.5 million, and net income was up 46.9%, to $278.8 million. Diluted earnings per share, at $2.41, posted a 49.7% increase.

Quarterly revenue—at $27.8 billion—saw an 11.5% annual gain, and adjusted earnings per share—at $3.52—marked a 35% annual gain, topping Wall Street expectations of $3.08 per share. Quarterly operating profit was up 91% to 3.9 billion. Full-year 2021 revenue saw a 15% annual gain, to $97.3 billion, with operating profit at $12.8 billion.

Quarterly revenue—at $23.5 billion—was up 14% annually, and operating income—at $1.6 billion—rose 9% annually. Diluted earnings per share—at $4.83—were flat, exceeding of Wall Street expectations of $4.28.

Quarterly revenue—at $23.2 billion—saw a 9.2% annual increase, and adjusted earnings per share—at $2.65—was up 9.2%, for the same period. And operating profit—at $3.0 billion—was up 23.4%.

Quarterly revenue—at $22 billion—saw a 14% annual increase, and operating income—at $1.398 billion—slipped 12% annually. Diluted earnings per share—at $4.09—were off 13%, falling short of Wall Street expectations of $4.89.

Chicago-based third-party logistics and technology-enabled transportation services provider Echo Global Logistics announced late last week it has entered into a definitive agreement to be acquired by global private equity firm The Jordan Company for $48.25 per share, with an equity value of roughly $1.3 billion.

Quarterly revenue—at $5.04 billion—was up 30.6% annually, and adjusted EBITDA came in at $507 million, both setting new quarterly records, setting a new adjusted EBITDA number for the fourth straight quarter. Operating income—at $246 million—well outpaced a $141 million operating loss a year ago.

Quarterly revenue—at $23.4 billion—increased 14.5% annually, and adjusted earnings per share—at $3.06—saw a 43.7% annual gain, topping Wall Street expectations of $2.81. Operating profit—at $3.258 billion—rose 47.3%.

FY 2022 full-year revenue rose 17.6% annually, and operating income climbed 46.8% annually. For the fiscal fourth quarter, revenue rose 23% annually, and operating income headed up 278%. Earnings per share (topping Wall Street expectations of $5.02 per share) well outpaced the $1.28 per share recorded a year ago, as well as a $334 million loss.

Quarterly revenue—$22.9 billion—headed up 27% annually, and adjusted earnings per share—at $2.77—climbed 141% annually and was nearly a full dollar ahead of Wall Street expectations, at $1.72. Consolidated quarterly operating profit increased 158%, to $2.8 billion.

Quarterly revenue—at $4.7 billion—was up 13% annually, setting a record for the company, and operating income—at $228 million—was up 11%. EBITDA—at $449 million—topped Wall Street estimates by 10%, or $42 million, for its fourth-best quarter ever.

Revenue—at $20.6 billion—was up 16% annually, and operating income—at $1.47 billion—well outpaced the $554 million recorded for the same period a year ago. The company’s quarterly net income on an adjusted basis—at $1.23 billion—topped the $560 million recorded for the same quarter last year. Adjusted earnings per share—at $4.15—was ahead of the $2.13 per share, from a year ago, and beat Wall Street expectations, of $4.01 per share.

Revenue—at $4.22 billion—was up 1.7%, and net income attributable to common shareholders—at $21 million—fell 51.2%. Operating income—at $223 million—was down 2.7%. Diluted earnings per share came in at $0.83 compared to $1.14 a year ago, and adjusted quarterly EBITDA—at 439 million—was up less than 1% and was the best third quarter EBITDA in its history, coming in ahead of Wall Street expectations by $87 million, or 25%.

Quarterly revenue, at $21.2 billion, increased 15.9% annually, and adjusted earnings per share, at $2.28, was up 10.1% compared to a year ago, far outpacing Wall Street expectations, at $1.67. Net income, at $2.0 billion, was up 11.8% annually, and operating profit rose 11.0%, to $2.4 billion.