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RXO — RXO News Story

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RXO Inc reports results for the quarter ended December 31 - Earnings Summary

* RXO Inc  RXO.N  reported quarterly adjusted earnings of 6
cents​​ per share for the quarter ended December 31, identical
to the same quarter last year.  The mean expectation of
nineteen analysts for the quarter was for earnings of 6 cents
per share. Wall Street expected results to range from 5 cents
to 7 cents per share.
    * Revenue rose 70.4% to $1.67 billion from a year ago;
analysts
expected $1.66 billion. 
    * RXO Inc's reported EPS for the quarter was a loss of 12
cents​.
    * The company reported a quarterly loss of $20 million.
    * RXO Inc shares had risen by 6.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 35.9%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 12
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "hold"

Wall Street's median 12-month price target for RXO Inc is $27.00
This summary was machine generated from LSEG data February 5 at
02:31 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
 Dec. 31 2024      0.06           0.06           Met
 Sep. 30 2024      0.04           0.05           Beat
 Jun. 30 2024      0.02           0.03           Beat
 Mar. 31 2024      -0.04          -0.03          Beat

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