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QXO PR B QXO News Story

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QXO Inc reports results for the quarter ended June 30 - Earnings Summary

QXO Inc QXO.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended June 30.  The mean expectation of eight analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 5 cents per share.

Revenue was $1.91 billion​; analysts expected $1.87 billion.

QXO Inc's reported EPS for the quarter was a loss of 15 cents​.

The company reported a quarterly loss of $58.5 million.

QXO Inc shares had fallen by 2.2% this quarter and gained 32.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 183.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is  "buy."

Wall Street's median 12-month price target for QXO Inc is $31.00, about 32.1% above its last closing price of $21.06

This summary was machine generated from LSEG data August 14 at 11:27 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.040.11Beat
Mar. 31 2025-0.05-0.03Beat
Dec. 31 2024-0.020.03Beat
Sep. 30 20240.040.05Beat

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