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(紐約證券交易所股票代碼：XPO)公佈，23財年第三季度營收同比增長1.7%，至19.8億美元，超出19.3億美元的共識。
The increase in revenue was due to higher tonnage per day and yield, excluding fuel, in the North American LTL segment.
收入的增加是由於北美LTL部門的日噸位和產量(不包括燃料)增加。
Adjusted EPS was $0.88, down from $0.95 in 3Q22, beating the consensus of $0.63.
調整後的每股收益為0.88美元，低於22季度的0.95美元，超出了0.63美元的共識。
Q3 operating income was $154 million, compared with $139 million a year ago, and the margin expanded by 63 bps to 7.8%.
第三季度營業收入為1.54億美元，而去年同期為1.39億美元，利潤率增長63個基點，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%.
北美地區的零擔收入為12.3億美元(同比增長1.9%)。調整後的運營率為86.2%，而22季度為85.6%。該部門的EBITDA利潤率收縮30個基點，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%.
該部門的日出貨量同比增長7.8%，日噸位同比增長3.1%，不包括燃料的收益率增長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.
歐洲運輸產生了7.52億美元的收入(同比增長1.5%)，調整後的EBITDA利潤率為5.8%，下降了10個基點。調整後的營業收入同比下降11.8%，至1500萬美元。
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%.
該公司本季度調整後的EBITDA同比增長6.1%，達到2.78億美元，利潤率增長60個基點，達到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.
該公司從經營活動中產生了2.36億美元的現金流，本季度末手頭有3.35億美元的現金和現金等價物。
The damage claims ratio for the company was 0.4% — a significant improvement from 1.2% two years ago.
該公司的索賠比率為0.4%，較兩年前的1.2%有顯著改善。
"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.
首席執行官馬利奧·哈裡克表示：“隨著客戶對我們對服務和產能投資的關注做出反應，我們在本季度也獲得了更多份額。我們的收益率增長(不包括燃料)加速至6.4%，反映了許多正在進行的定價舉措的好處。我們預計第四季度的收益率增長將進一步加快。”
Price Action: XPO shares are trading higher by 7.23% at $72.20 premarket on Monday.
價格行動：XPO股價週一盤前上漲7.23%，至72.20美元。