GXO Logistics Presents 2027 Financial Goals; Targets 8-12% Organic Revenue CAGR

GXO Logistics Inc GXO expects to report FY22 revenue of $9.0 billion versus $7.9 billion last year and the consensus of $8.99 billion.
It sees net income of $189 million - $199 million compared to a net income of $153 million in FY21.
GXO anticipates adjusted EBITDA of $720 million - $730 million for the year.
For FY23, the company expects organic revenue growth of 6% - 8% and adjusted EBITDA of $700 million - $730 million.
For FY2027, it sees about 8% - 12% organic revenue CAGR (2021 to 2027) to reach $17 billion.
The company targets approximately 17% Adjusted EBITDA CAGR to approximately $1.6 billion, nearly tripling Adjusted EBITDA from 2021.
"GXO's key advantages – our technology, global scale and expertise – make us uniquely positioned to continue delivering outstanding performance and value to customers and shareholders," said CEO Malcolm Wilson.
Price Action: GXO shares are trading higher by 0.37% at $49.14 in premarket on the last check Thursday.

Momentum31.90

Growth37.69

QualityNot Available

Value25.29

Short

Medium

Long