Why Transportation & Logistics Company XPO's Shares Are Surging Today
Why Transportation & Logistics Company XPO's Shares Are Surging Today
XPO Inc (NYSE:XPO) reported third-quarter FY23 revenue growth of 1.7% year-over-year to $1.98 billion, beating the consensus of $1.93 billion.
XPO公司(纽约证券交易所股票代码：XPO)公布，23财年第三季度营收同比增长1.7%，至19.8亿美元，超出19.3亿美元的共识。
The increase in revenue was due to higher tonnage per day and yield, excluding fuel, in the North American LTL segment.
收入的增加是由于北美LTL部门的日吨位和产量(不包括燃料)增加。
Adjusted EPS was $0.88, down from $0.95 in 3Q22, beating the consensus of $0.63.
调整后的每股收益为0.88美元，低于22季度的0.95美元，超出了0.63美元的共识。
Q3 operating income was $154 million, compared with $139 million a year ago, and the margin expanded by 63 bps to 7.8%.
第三季度营业收入为1.54亿美元，而去年同期为1.39亿美元，利润率增长63个基点，至7.8%。
North American Less-Than-Truckload revenue was $1.23 billion (+1.9% Y/Y). Adjusted operating ratio was 86.2% versus 85.6% in 3Q22. The segment's EBITDA margin contracted by 30 bps to 19.6%.
北美地区的零担收入为12.3亿美元(同比增长1.9%)。调整后的运营率为86.2%，而22季度为85.6%。该部门的EBITDA利润率收缩30个基点，至19.6%。
The segment's shipments per day increased 7.8 % Y/Y, tonnage per day increased 3.1% Y/Y, and yield, excluding fuel, rose 6.4%.
该部门的日出货量同比增长7.8%，日吨位同比增长3.1%，不包括燃料的收益率增长6.4%。
European Transportation generated revenue of $752 million (+1.5% Y/Y), and the Adjusted EBITDA margin was 5.8%, down by 10 bps. Adjusted operating income declined 11.8% Y/Y to $15 million.
欧洲运输产生了7.52亿美元的收入(同比增长1.5%)，调整后的EBITDA利润率为5.8%，下降了10个基点。调整后的营业收入同比下降11.8%，至1500万美元。
The company's Adjusted EBITDA increased 6.1% Y/Y to $278 million in the quarter, and the margin expanded by 60 bps to 14%.
该公司本季度调整后的EBITDA同比增长6.1%，达到2.78亿美元，利润率增长60个基点，达到14%。
The company generated $236 million of cash flow from operating activities and ended the quarter with $335 million of cash and cash equivalents in hand.
该公司从经营活动中产生了2.36亿美元的现金流，本季度末手头有3.35亿美元的现金和现金等价物。
The damage claims ratio for the company was 0.4% — a significant improvement from 1.2% two years ago.
该公司的索赔比率为0.4%，较两年前的1.2%有显著改善。
"We also captured more share in the quarter, as customers responded to our focus on service and investments in capacity. Our yield growth, excluding fuel, accelerated to 6.4%, reflecting the benefit of numerous pricing initiatives underway. We expect to further accelerate yield growth in the fourth quarter," CEO Mario Harik stated.
首席执行官马里奥·哈里克表示：“随着客户对我们对服务和产能投资的关注做出反应，我们在本季度也获得了更多份额。我们的收益率增长(不包括燃料)加速至6.4%，反映了许多正在进行的定价举措的好处。我们预计第四季度的收益率增长将进一步加快。”
Price Action: XPO shares are trading higher by 7.23% at $72.20 premarket on Monday.
价格行动：XPO股价周一盘前上涨7.23%，至72.20美元。