XPO Inc
XPO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$45.00 | Qkjtc | Qvdsvgchy |
LTL Backdrop Continues to Soften in XPO's Q4, but Downturn Not Surprising
XPO’s fourth-quarter organic top line rose 2% year over year, excluding the first-quarter intermodal divestiture and November truck brokerage, or RXO, spinoff. Revenue was mostly in line with our expectations for the core less-than-truckload, or LTL, operations and remaining Europe trucking segment.