Just beat EPS expectations by 15 cents, a 75% beat. Their last 5 quarters, earnings have been:
-.16
-.15
-.10
-.08
+.35
Might be they’ve hit the inflection point.
Bear
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XPO is up another 9% today. I still don’t think it’s too late to get in. This is a company with 13B TTM revenue, and a market cap of 4.4B. They have a lot of room to run. Haven’t added because it’s already my 6th largest position. But I haven’t taken any profits yet either.
The only concern I have is that shares outstanding is still growing. If anybody here more versed in such things has any insight, please let me know.
Bear
1 Like