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How XPO Logistics Stock Is Trending ahead of Q2 Earnings

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XPO’s upcoming earnings release

XPO Logistics (XPO) is set to announce its second-quarter earnings on August 1 after the market closes. It will hold its second-quarter conference call and webcast on August 2 at 8:30 AM EST. It’s among the top ten logistics company in the world and the second-largest LTL (less-than-truckload) company in the United States.

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XPO stock trend

On July 26, XPO stock closed at $99.26. Its 52-week high is $115.49. The stock is trading at an ~83% premium to its 52-week low of $54.34. In the past year, the stock delivered a 61.2% return.

In contrast, the Dow Jones Transportation Average Index, which tracks the transportation sector, has a year-to-date return of only 0.34% and a 13.9% return in the past year. On the other hand, the SPDR S&P 500 Index (SPY) has risen 16.2% in the past year and 6.4% year-to-date.

Now let’s look at the stock returns for XPO’s peers in the past year.

  • C.H. Robinson Worldwide (CHRW): 39.5%
  • Expeditors International of Washington (EXPD): 25.5%
  • J.B. Hunt Transport Services (JBHT): 26.5%
  • United Parcel Service (UPS): 2.5%
  • FedEx (FDX): 11.5%
  • Old Dominion Freight Lines (ODFL): 43.1%
  • YRC Worldwide (YRCW): -23.3%

The SPDR S&P Transportation ETF (XTN) returned 18.5% during the same period. XPO Logistics makes up 2.27% of XTN’s portfolio holdings.

In this series

XPO Logistics’s business services include freight brokerage, LTL (less-than-truckload) services, last-mile services, and other logistics services to more than 50,000 customers. In this Q2 2018 pre-earnings series, we’ll look at the factors that could have an impact on XPO’s second-quarter earnings. We’ll also see how analysts are rating the stock and its peers.

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