XPO publishes Q3 2026 earnings call transcript
XPO•XPO reported third-quarter revenue of $2.4 billion, up 12%, and adjusted diluted earnings per share of $1.70, up 59%. Management raised its full-year LTL operating ratio improvement expectation to at least 250 basis points and expects about $800 million in free cash flow.
1. Quarterly results and outlook
XPO's October 29 earnings call featured CEO Mario A. Harik, CFO Kyle Wismans and Chief Strategy Officer Ali Faghri. Management said fourth-quarter operating ratio should remain below 82%, expects free cash flow near $800 million for the year to support share repurchases and debt repayments, and considers selling its European business a strategic priority while waiting for the right price.
