RXO Inc reports results for the quarter ended June 30 - Earnings Summary
RXO Inc reports results for the quarter ended June 30 - Earnings Summary
RXO Inc RXO.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -3 cents to 5 cents per share.
Revenue rose 25% to $1.77 billion from a year ago; analysts expected $1.60 billion.
RXO Inc's reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $9 million.
RXO Inc shares had fallen by 23.9% this quarter and gained 66.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 550.8% 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 "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 12 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is "buy."
Wall Street's median 12-month price target for RXO Inc is $25.50, about 17.6% above its last closing price of $21.00
This summary was machine generated from LSEG data August 6 at 01:32 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 | 0.03 | 0.06 | Beat |
Mar. 31 2026 | -0.09 | -0.09 | Met |
Dec. 31 2025 | -0.04 | -0.07 | Missed |
Sep. 30 2025 | 0.04 | 0.01 | Missed |