GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — GXO Logistics Inc. (GXO) on Tuesday reported fourth-quarter net income of $73 million.

On a per-share basis, the Greenwich, Connecticut-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring costs, were 70 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The contract logistics provider posted revenue of $2.59 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.55 billion.

For the year, the company reported profit of $229 million, or $1.92 per share. Revenue was reported as $9.78 billion.

GXO Logistics expects full-year earnings in the range of $2.70 to $2.90 per share.

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