From Nasdaq: 2025-06-23 03:14:00

GXO Logistics (GXO) shares surged 12.1% to $47.97 due to high trading volume, outperforming the market. The appointment of industry veteran Patrick Kelleher as CEO boosted investor confidence. Anticipated quarterly earnings of $0.50 per share and $3.08 billion in revenue suggest positive growth for GXO. FedEx (FDX) also saw a 1.2% increase to $226.04 recently.

FedEx is expected to report an EPS of $5.94, a 9.8% increase from last year. Despite a Zacks Rank of #4 (Sell), the stock shows potential for growth. Research indicates a strong correlation between earnings estimate revisions and stock price movements. Investors should monitor GXO and FedEx for potential opportunities in the near future.



Read more at Nasdaq: GXO Logistics (GXO) Soars 12.1%: Is Further Upside Left in the Stock?