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, Inc.（紐約證券交易所代碼：XPO）股票今天盤前交易價格走低。該公司週三表示，與2023年8月相比，2024年8月汽油每天的噸位下降了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.
該公司表示，這是由於每日出貨量下降了4.5％，每批貨物的重量下降了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首席執行官馬里奧·哈里克表示：「8月，我們在疲軟的需求環境中有效地管理了可變成本，爲我們的利潤增長前景提供了支持。」
"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."
「行業定價背景仍然是建設性的，我們正在執行鍼對具體公司的舉措，以實現強勁的高於市場的收益率增長。當行業需求反彈時，我們持續的服務改進和網絡投資將進一步加快我們的業績。」
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.
上個月，XPO公佈的第二季度收入爲20.97億美元，同比增長8.5％，超過預期的20.72億美元，調整後的每股收益爲1.12美元，超過市場預期的1.01美元。
The increase in revenue was aided by higher yield and tonnage per day in the North American LTL segment.
收入的增長得益於北美汽運零擔細分市場的日產量和噸位的提高。
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).
投資者可以通過ProShares Trust ProShares供應鏈物流ETF（紐約證券交易所代碼：SUPL）和阿爾及爾ETF信託Alger Weatherbie持久增長ETF（紐約證券交易所代碼：AWEG）獲得股票敞口。
Price Action: XPO shares are down 8.42% at $104.06 premarket at the last check Thursday.
價格走勢：在週四的最後一次檢查中，XPO股價下跌8.42％，至盤前104.06美元。
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：此內容部分是在人工智能工具的幫助下製作的，並由Benzinga的編輯審閱和發佈。
