RXO(RXO)

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RXO (RXO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-11-07 15:35
For the quarter ended September 2024, RXO (RXO) reported revenue of $1.04 billion, up 6.6% over the same period last year. EPS came in at $0.05, compared to $0.05 in the year-ago quarter.The reported revenue represents a surprise of +7.27% over the Zacks Consensus Estimate of $969.53 million. With the consensus EPS estimate being $0.04, the EPS surprise was +25.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...
RXO (RXO) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 13:11
RXO (RXO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this transportation services provider would post earnings of $0.03 per share when it actually produced earnings of $0.03, delivering no surprise.Over the last four quarters, the company ...
RXO(RXO) - 2024 Q3 - Quarterly Results
2024-11-07 11:02
Exhibit 99.1 RXO RXO Reports Third-Quarter Results with Coyote Integration Ahead of Schedule and Complementary Services Momentum • Coyote acquisition completed September 16; integration well underway and progressing smoothly. Raising annualized cost synergy estimate to at least $40 million. • Strengthened balance sheet while financing Coyote acquisition; combined company leverage ratio decreased by more than 40% • Companywide gross margin of 17.3%; Brokerage gross margin of 13.7% • Managed Transportation wa ...
Earnings Preview: RXO (RXO) Q3 Earnings Expected to Decline
ZACKS· 2024-10-31 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when RXO (RXO) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are better than expectati ...
RXO Emerges Stronger With The Freight Recession In The Rearview
Seeking Alpha· 2024-10-12 07:44
RXO Inc. (NYSE: RXO ) is a company in the freight brokerage space that has been booming with increasing freight load volumes and steadily improving figures of revenue per load. After its acquisition of UPS' freight brokerage I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trends, particularly in the tec ...
RXO(RXO) - 2024 Q2 - Quarterly Report
2024-08-07 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ Form 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-41514 ________________________ ...
RXO(RXO) - 2024 Q2 - Earnings Call Presentation
2024-08-07 16:18
Second Quarter 2024 Results August 7, 2024 PARTY CONTRACT WARREN FOR SEAR Property of Canada Property of the WARD CONSULTION 1000000000000 Chool of the one 0000000000000 No o o o o o o o o o o ● ND DODD DO 10 TODOGO DO OD OF . . .. .. .. RXO . . Non-GAAP financial measures and forward-looking statements Non-GAAP financial measures We provide reconciliations of the non-GAAP financial measures contained in this presentation to the most directly comparable measure under GAAP, which are set forth in the financi ...
RXO(RXO) - 2024 Q2 - Earnings Call Transcript
2024-08-07 16:18
RXO, Inc. (NYSE:RXO) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Drew Wilkerson – CEO James Harris – CFO Jared Weisfeld - CSO Conference Call Participants Scott Schneeberger – Oppenheimer Scott Group - Wolfe Research Stephanie Moore – Jefferies Tom Wadewitz – UBS Jason Seidl - TD Cowen Ken Hoexter - Bank of America David Zaslav - Barclays Ravi Shanker - Morgan Stanley David Hicks - Raymond James Daniel Imbro - Stephens Inc. Bruce Chan - Stifel Operator Welcome to the Q2 2 ...
RXO (RXO) Q2 Earnings Match Estimates
ZACKS· 2024-08-07 12:41
RXO (RXO) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this transportation services provider would post a loss of $0.04 per share when it actually produced a loss of $0.03, delivering a surprise of 25%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. RXO, which belongs to ...
RXO(RXO) - 2024 Q2 - Quarterly Results
2024-08-07 10:31
Exhibit 99.1 RXO RXO Reports Second-Quarter Results Including Brokerage Volume Growth, Increased Last Mile Stops and New Managed Transportation Awards • Companywide gross margin of 19.0%; Brokerage gross margin of 14.7% • Brokerage volume increased by 4%; less-than-truckload volume grew 40% and full truckload volume declined by 2% year-over-year • Last Mile stops grew 7% year-over-year, the fastest rate in nearly two years • Managed Transportation was awarded more than $200 million in freight under manageme ...