Whopping $50bn FedEx Freight? Or?
Running the numbers
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
SEEKING ALPHA reports:
– XPO Logistics (NYSE:XPO): Q2 Non-GAAP EPS of -$0.63 beats by $0.14; GAAP EPS of -$1.45 misses by $0.65.
– Revenue of $3.5B (-17.5% Y/Y) beats by $130M.
– Adjusted EBITDA of $172M, down from $455M, a year ago.
To read the full release, please read this: “XPO Logistics announces second quarter 2020 results“.
You may also want to read this: “XPO Logistics appoints LaQuenta Jacobs as chief diversity officer“.
This: “XPO Logistics announces two senior executive appointments“.
And this: “XPO reports net loss in Q2; revenue slides“.
Stock down 5.3% in after-hour trade on Thursday.
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