Will XPO Logistics Deliver Strong Earnings?

Shares of XPO Logistics Inc XPO are marginally down on Monday morning as the company readies to report its first quarter financial results after the market closes.

A look at Estimize shows concordance between the Street and the crowd in terms of earnings expectations. They both anticipate a net loss of ($0.24) per share, although the crowd projects revenue of $802.46 million, versus the Street’s consensus of $790.80 million.

This implies a moderate increase from the net loss of ($0.37) per share posted in the first quarter of last year, but a decrease from last quarter’s ($0.10) per share.
The graph below shows XPO’s history of actual earnings versus estimates.

While the company has a history of missing consensus estimates, it has managed to beat expectations over the past three quarters.

It is also possible to see how the sentiment has evolved over time.

As evidenced by the chart above, Wall Street became less constructive on XPO’s earnings as the year advanced.