RXO (RXO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - Wall Street anticipates flat earnings for RXO in the upcoming quarter, with revenues expected to increase significantly, which could influence stock price movements based on actual results compared to estimates [1][2]. Earnings Expectations - RXO is projected to report earnings of $0.06 per share, unchanged from the previous year, while revenues are expected to reach$1.65 billion, reflecting a 69.2% increase year-over-year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 50% over the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for RXO is higher than the consensus estimate, resulting in a positive Earnings ESP of +2.13%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - RXO has a history of beating consensus EPS estimates, having exceeded expectations in three out of the last four quarters, with a notable surprise of +25% in the last reported quarter [12][13]. Investment Considerations - While RXO shows potential as an earnings-beat candidate, investors are advised to consider other influencing factors beyond earnings results when making investment decisions [14][16].