Conf call redux: Mærsk mum on tariffs
Waiting for Gemini to flex its muscles
By Mike Weir
XPO Logistics smugly trumped consensus estimates when it revealed its Q3 numbers last Thursday, very unusually mid-way through the trading session rather than after closing – every little helps, I guess, in terms of “managing expectations” and the resulting upside.
The shares suddenly rose over 5%, briefly touching $100 then some profit-taking occurred – now they are only a whisker away from the $100 mark, anyway – but the analysts nonetheless were full of praise for management during the customary conference call ...
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