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GXO Logistics: Q2 Earnings Snapshot

GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — GXO Logistics Inc. (GXO) on Tuesday reported second-quarter earnings of $25 million.

On a per-share basis, the Greenwich, Connecticut-based company said it had net income of 22 cents. Earnings, adjusted for one-time gains and costs, were 59 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The contract logistics provider posted revenue of $3.44 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $3.45 billion.

GXO Logistics expects full-year earnings in the range of $2.95 to $3.15 per share.

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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 GXO at https://www.zacks.com/ap/GXO

A Montana man killed 8 relatives, including 4 kids, at Sunday dinner, family says

BILLINGS, Mont. (AP) — A man killed eight of his relatives, including four children, as they gathered for Sunday dinner at a home in Billings, Montana, just weeks after his parents forced him to move out, a family member told The Associated Press. Brad Ireland, whose former wife and two children were among the dead, identified the shooter as 44-year-old Alan Smith. Smith's parents, who were also killed, had asked him to move out, but he returned on Sunday and opened fire, Ireland said. The victims represented four generations of the blended family, ranging from a great-grandmother in her 90s who used a wheelchair to a 7-year-old girl, according to Jennifer Mercer, a neighbor and family friend who set up an online fundraiser to help cover funeral costs and other expenses, and was authorized to release these details. Gunshots followed by an inferno
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