NewsQ3 22: GXO reports solid numbers, confirms guidance, soars in AH trade

November 8, 2022by 0

GXO Logistics today released Q3 22 numbers after the markets closed in the US.
The shares rose to $38.2 (+4.6%) in after-hours trade.
It reiterated full-year 2022 guidance for its key financial metrics:
– Organic revenue growth: 12%-16%;
– Adjusted diluted earnings per share: $2.70-$2.90;
– Adjusted Ebitda: $715 million to $750 million;
– Return on invested capital > 30%;
– Free cash flow @ about 30% of adjusted Ebitda.
Q3 adjusted diluted EPS were $0.05 higher than expected at $0.75 …

The post Q3 22: GXO reports solid numbers, confirms guidance, soars in AH trade appeared first on The Loadstar.

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