Global trucking and logistics provider XPO Logistics (NYSE:XPO) stock fell 51% in the past year and the valuations are looking attractive. The stock is available at a forward PE ratio of 11.78, a significant discount to its industry peers. Well, let us analyze the stock further as relying only on the PE ratio are not the sign of prudent investors.
Q1 hedge fund letters, conference, scoops etc
Recent quarter results
The company released its Q1 2019 results on May 01, 2019. Revenue came at $4.12 billion which was down 1.71% year-on-year. It missed analyst median estimates by $133 million. Adjusted diluted earnings per share came at 51 cents compared to 61 cents for the same period last year. EPS beat analyst estimates by 10 cents.
In the words of Bradley Jacobs, chairman and CEO of XPO Logistics
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