Trucking company XPO Logistics said it expects to post third quarter revenue that would come in below analysts' expectations.XPO is set to deliver its full earnings report Oct. 31, a day before it spins off its RXO brokerage business.The XPO Logistics Inc. logo on a truck departing the company's distribution hub in Barcelona, Spain, on Thursday, May 12, 2022.on Monday said it expects to post third quarter revenue that would come in below analysts' expectations.
"Our adjusted EBITDA will be in the range of $348 million and $352 million, which comes in higher than the top end of our guidance," incoming CEO Mario Harik told CNBC on Monday. "Today's numbers reflect that we're heading into the spin from a position of strength."
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Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it aroundEarnings watch: Questions about demand dog Netflix and Tesla, while Snap faces an uncertain environment for online advertising --- all will take the stage for Wall Street in the week ahead. Marketing needs to create new users and help generate word of mouth. How has the ad strategy of Netflix and Tesla impacted their future?
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