Gxo Logistics Reports $100 Million Quarterly Profit
The company records $3.3 billion revenue for Q4 ended Dec 31, 2024
GXO Logistics, Inc. [GXO] reported $100 million profit for Q4 ended Dec 31, 2024, showing an increase of $27 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 12, 2025 that it generated revenue of $3.3 billion for the period, showing an increase of $660 million in the same quarter of the previous year.
Based in Greenwich, Connecticut, the company reported $0.8 earnings per share for the period, compared to $0.6 in the last quarter.
The company's profit increased by 36.99% from $73 million in the last quarter.
The revenue of GXO Logistics, Inc. with 150 thousand employees on the rolls showed 25% an increase from $2.6 billion in the last quarter.
The revenue increased 25.5% from $2.6 billion in the same quarter of the previous year.
As of February 12, 2025 end of day trading.
