GXO Logistics reports big Q4 gains from e-commerce customers
Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said. The company reported its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.
CEO Malcolm Wilson highlighted record revenue and adjusted EBITDA for 2024, with adjusted EBITDA growing 30% year-over-year in Q4. The company secured over $1 billion in new business wins for the ...
GXO Logistics closed out a record-setting year with revenue and earnings increasing during the fourth quarter of 2024, the company reported Feb. 12 .
Delivered record revenue for both Q4 and full year 2024Organic revenue growth accelerated sequentially each quarter in ...
Loop Capital made adjustments to its stance on GXO Logistics Inc. (NYSE: GXO), shifting the rating from Buy to Hold. The firm also set a new price target for the company's shares at $49.00, close to ...
GXO's goal is to reach an EBITDA of $1.3 billion in 2029, which will give an enterprise value of $16 billion - $4 billion in debt and a share count of 119 million. This will be equal to $100 per ...
Market Capitalization Reflects the total market value of a company. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple ...
Delivered record revenue for both Q4 and full year 2024Organic revenue growth accelerated sequentially each quarter in 2024Closed more than $1 billion of new business wins for the second consecutive y ...
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