Why Freight Operator XPO Shares Are Diving Premarket Thursday
Why Freight Operator XPO Shares Are Diving Premarket Thursday
"The industry pricing backdrop remains constructive, and we're executing our company-specific initiatives to deliver strong above-market yield growth. Our ongoing service improvements and network investments will further accelerate our results when industry demand rebounds."XPO, Inc. (NYSE:XPO) shares are trading lower premarket today. On Wednesday, the company stated that August 2024 LTL tonnage per day fell by 4.6% compared to August 2023.
XPO公司（NYSE:XPO）股票今日盘前交易下跌。周三，该公司表示，2024年8月每日LTL货运量较2023年8月下降了4.6％。
The company says this was due to a 4.5% decline in daily shipments and a 0.1% drop in weight per shipment.
公司表示，这是由于每日装运量下降了4.5％，每批货物重量下降了0.1％。
Mario Harik, chief executive officer of XPO, stated, "In August, we managed our variable costs effectively in a soft demand environment, supporting our outlook for margin expansion."
XPO首席执行官Mario Harik表示：“在8月，我们在需求疲软的环境中有效控制了变动成本，支持我们对边际扩张的展望。”
"The industry pricing backdrop remains constructive, and we're executing our company-specific initiatives to deliver strong above-market yield growth. Our ongoing service improvements and network investments will further accelerate our results when industry demand rebounds."
“行业定价背景仍然有利，并且我们正在执行公司特定的举措，以实现强劲的超市场收益增长。我们不断改进的服务和网络投资将在行业需求复苏时进一步加速我们的业绩。”
Last month, XPO reported second-quarter revenue of $2.097 billion, up 8.5% Y/Y, beating consensus of $2.072 billion, and adjusted EPS of $1.12, beating consensus of $1.01.
上个月，XPO报告了第二季度营业收入209.7亿美元，同比增长8.5％，超过了207.2亿美元的共识，和调整后的每股收益1.12美元，超过了1.01美元的共识。
The increase in revenue was aided by higher yield and tonnage per day in the North American LTL segment.
营收增长得益于北美LTL板块的更高收益和每日货运量。
Investors can gain exposure to the stock via ProShares Trust ProShares Supply Chain Logistics ETF (NYSE:SUPL) and The Alger ETF Trust Alger Weatherbie Enduring Growth ETF (NYSE:AWEG).
投资者可以通过ProShares Trust ProShares Supply Chain Logistics ETF (NYSE：SUPL) 以及The Alger ETF Trust Alger Weatherbie Enduring Growth ETF (NYSE:AWEG)持有该股。
Price Action: XPO shares are down 8.42% at $104.06 premarket at the last check Thursday.
股价表现：XPO股票上涨8.42％至104.06美元，在上周四最后一次盘前交易时。
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