GXO Logistics, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 13, 2024 at 04:30 pm EST
GXO Logistics, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 2,590 million compared to USD 2,467 million a year ago. Net income was USD 73 million compared to USD 46 million a year ago. Basic earnings per share from continuing operations was USD 0.61 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to USD 0.39 a year ago.
For the full year, sales was USD 9,778 million compared to USD 8,993 million a year ago. Net income was USD 229 million compared to USD 197 million a year ago. Basic earnings per share from continuing operations was USD 1.93 compared to USD 1.68 a year ago. Diluted earnings per share from continuing operations was USD 1.92 compared to USD 1.67 a year ago.