QXO Inc reports results for the quarter ended June 30 - Earnings Summary
QXO Inc reports results for the quarter ended June 30 - Earnings Summary
QXO Inc QXO.N reported quarterly adjusted earnings of 8 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 5 cents to 11 cents per share.
Revenue rose 70.3% to $3.25 billion from a year ago; analysts expected $3.20 billion.
QXO Inc's reported EPS for the quarter was a loss of 14 cents.
The company reported a quarterly loss of $55 million.
QXO Inc shares had fallen by 13.0% this quarter and lost 22.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 29% 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 "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"
Wall Street's median 12-month price target for QXO Inc is $27.00, about 44.9% above its last closing price of $14.89
This summary was machine generated from LSEG data August 13 at 09:38 p.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.08 | 0.08 | Met |
Mar. 31 2026 | -0.09 | -0.12 | Missed |
Dec. 31 2025 | 0.03 | 0.02 | Missed |
Sep. 30 2025 | 0.13 | 0.14 | Beat |
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QXO Inc reports results for the quarter ended June 30 - Earnings Summary