08:21 AM EDT, 08/06/2024 (MT Newswires) -- GXO Logistics ( GXO ) reported Q2 adjusted earnings Wednesday of $0.55 per diluted share, down from $0.70 a year earlier.

Analysts surveyed by Capital IQ expected $0.55.

Revenue for the quarter ended June 30 was $2.85 billion, up from $2.39 billion a year ago.

Analysts polled by Capital IQ expected $2.68 billion.

For 2024, the company said it continues to expect adjusted earnings of $2.73 to $2.93.

Analysts surveyed by Capital IQ expect $2.78.

GXO said it continues to expect 2024 revenue to grow between 2% and 5%.

The company's shares were up 3.2% in recent premarket activity.

Price: 50.95, Change: +1.60, Percent Change: +3.24