XPO Logistics is trading 4.3% up at $207.96 after reporting second-quarter results that exceeded analyst expectations on both the top and bottom lines.
- Revenue rose to $2.36 billion with an adjusted EPS of $1.70, driven by a record North American LTL adjusted operating ratio of 79.9%.
- Investors are reacting positively to significant margin improvements and the company's updated growth outlook following the earnings release and conference call.