XPO Logistics is trading at $199.98, up 9.20% versus the October 29 regular-session close, after adjusted Q3 earnings beat expectations. - Adjusted EPS was $1.70, above the $1.58 consensus; revenue of $2.37 billion was slightly below expectations. - North American LTL’s adjusted operating ratio reached 80.1%, and management raised its full-year operating-ratio improvement target to 250 basis points or better. - The results and outlook provide a clear company-specific catalyst for the after-hours move.