Initiated date: April 7, 2021

XPO Logistics, Inc. (XPO)

February 16, 2022

UPDATE: GXO Logistics, Inc. (GXO) / XPO Logistics, Inc. (XPO)


November 3, 2021

UPDATE: XPO posts 3Q 2021 results ahead of consensus


November 2, 2021

UPDATE: GXO tops consensus in first quarter as a standalone public company


August 2, 2021

UPDATE: XPO completes spin-off of GXO; post-spin fair values tweaked to $108 per share and $62 per share


July 29, 2021

UPDATE: XPO tops consensus in 2Q 2021 and raises consolidated 2021E adj. EBITDA guidance


July 13, 2021

UPDATE: XPO to complete GXO spin-off on August 2nd; management reiterated GXO’s 25% EBITDA CAGR guidance through 2022E


June 29, 2021

UPDATE: XPO prices 5.75 million share stock offering, including the over-allotment, at $138 per share


June 9, 2021

UPDATE: XPO increases 2021E consolidated adj. EBITDA guidance; fair value increased to $168 per share (from $165)


May 4, 2021

XPO Logistics (XPO) – UPDATE


April 27, 2021

XPO Logistics (XPO) – UPDATE


April 14, 2021

XPO Logistics (XPO) – UPDATE


April 7, 2021

INITIATION REPORT - XPO Logistics, Inc. (XPO)