RXO Inc expected to post earnings of 4 cents a share - Earnings Preview

RXO

06/02/2024 16:17

* RXO Inc  RXO.N   RXO  is expected to show a fall in
quarterly
revenue when it reports  results on February 8 for the period
ending December 31 2023
    * The Charlotte North Carolina-based  company is expected to
report a 11.0% decrease in revenue to $996.358 million from
$1.12 billion a year ago, according to the mean estimate from 13
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RXO Inc is for earnings
of 4
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RXO Inc is
$20.00​, below​ its last closing price of $20.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.01        0.01       0.05      Beat    406.6
 Jun. 30 2023  0.08        0.08       0.08      Met     -2.4
 Mar. 31 2023  0.07        0.07       0.11      Beat    59.6​
 Dec. 31 2022  0.22        0.23       0.28      Beat    20.8
 ​​Sep.                    0.24                         
 30 2022                                                
                                                        ​
 This summary was machine generated February 6 at 16:17 GMT.  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)