GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — XPO, Inc. (XPO) on Thursday reported third-quarter profit of $82 million.
The Greenwich, Connecticut-based company said it had profit of 68 cents per share. Earnings, adjusted for one-time gains and costs, were $1.07 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.
The freight management company posted revenue of $2.11 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $2.07 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPO at https://www.zacks.com/ap/XPO
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