GXO Logistics

GXO has appointed Balaji Rangaswamy to the newly created role of chief information officer. Rangaswamy reports to CEO Patrick Kelleher and will lead the “Foundation” division, which covers enterprise systems, architecture, information strategy, data governance, cybersecurity and digital resilience. The technology organization has been restructured into “Foundation” and “Acceleration”; CTO Nizar Trigui will now be responsible for GXO IQ, AI applications, robotics and new technologies. » Mere på de.investing.com

GXO Logistics shares fell to a 52-week low of $45.26 and are down 11.2% year-to-date, most recently dropping about 29% over several months. In the second quarter the company reported adjusted EPS of $0.59 (in line with expectations) on revenues slightly below estimates of $3.44 billion (+4% year-over-year; organic +3.4%). InvestingPro valuation metrics indicate undervaluation (low P/E, PEG 0.36), while there are no current M&A details or analyst rating revisions. » Mere på de.investing.com

GXO Logistics reported Q2 2026 revenue of $3.4 billion (+4.3% year-on-year; organic +3.4%) and net income of $27 million. Adjusted EBITDA rose to $219 million, adjusted diluted EPS to $0.59, and cash flow from operating activities was $76 million. New orders amounted to about $410 million and the company has secured additional revenue of roughly $1 billion for 2026. For 2026, GXO confirms the midpoints of its guidance ranges: organic revenue growth of 4–5%, adjusted EBITDA of $945–965 million, adjusted diluted EPS of $2.95–3.15, and free cash flow conversion of 30–40%. » Mere på finanzen.net