GXO Logistics sees 2024 adjusted EPS incl. Wincanton impact $2.73-$2.93

Consensus $2.73. The company reiterated its outlook for the full year 2024 on a standalone basis and updated its guidance to include the expected impact of the Wincanton acquisition, which remains subject to the satisfaction of customary conditions. Standalone basis: Organic revenue growth of 2% to 5%; Adjusted EBITDA of $760 million to $790 million; Adjusted diluted EPS of $2.70 to $2.90; and Free cash flow conversion of 30% to 40% of adjusted EBITDA. Including expected impact of Wincanton acquisition, subject to the satisfaction of customary conditions: Organic revenue growth of 2% to 5%; Adjusted EBITDA of $805 million to $835 million; Adjusted diluted EPS of $2.73 to $2.93; and Free cash flow conversion of 30% to 40% of adjusted EBITDA. Revenue consensus $10.29B.