Why GXO Stock Is Falling Today
GXO Logistics (NYSE: GXO) beat top- and bottom-line expectations for the fourth quarter but provided little reason for investors to get excited about what's to come in 2025.Investors are displeased, sending GXO shares down 15% as of 10:15 a.m. ET.GXO is a contract logistics provider, managing warehouses, supply chains, and deliveries for large corporate customers. The company earned $1 per share in the fourth quarter on revenue of $3.3 billion, topping Wall Street's estimate for $0.95 per share on sales of $3.2 billion.Continue reading
GXO Logistics (NYSE: GXO) beat top- and bottom-line expectations for the fourth quarter but provided little reason for investors to get excited about what's to come in 2025.
Investors are displeased, sending GXO shares down 15% as of 10:15 a.m. ET.
GXO is a contract logistics provider, managing warehouses, supply chains, and deliveries for large corporate customers. The company earned $1 per share in the fourth quarter on revenue of $3.3 billion, topping Wall Street's estimate for $0.95 per share on sales of $3.2 billion.
