XPO Stock Soars on Earnings Beat. The U.S. Freight Market Is Soft, Though.
STOCKSTOWATCHTODAY BLOG Growth expectations for the U.S. manufacturing economy are coming down. That isn’t great news for service providers such as trucking companies. Still, earnings can grow. Companies just have to look inward for gains—like XPO XPO reported first-quarter earnings per share (EPS) of 81 cents from sales of $2 billion on Friday.