How did GXO's Q4 earnings surprise compare to previous quarters?

GXO Logistics' (GXO) Q4 2024 earnings exceeded market estimates, but fell slightly short of the previous quarter's performance. 1. **Comparison with Estimates**: - GXO's estimated EPS for Q4 2024 was $0.97, which matched the actual EPS of $0.83, indicating a slight miss by the market. - The estimated revenue for the quarter was $3.23 billion, slightly higher than the actual revenue of $3.25 billion. 2. **Comparison with Previous Quarter**: - GXO's Q4 2023 EPS was $0.69, which increased to $0.83 in Q4 2024, showing an improvement of approximately 19.4%. - The revenue for Q4 2023 was $2.55 billion, which increased to $3.25 billion in Q4 2024, indicating a growth of approximately 27.7%. 3. **Overall Performance Trend**: - GXO has demonstrated a consistent upward trend in both EPS and revenue over the past two quarters, with significant year-over-year growth in revenue and moderate growth in EPS. - The company's performance in Q4 2024 reflects a strong business momentum, although it faced some challenges as indicated by the slight EPS miss.