RXO (RXO) to Release Earnings on Thursday

RXO (NYSE:RXOGet Free Report) is expected to be announcing its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.0359 per share and revenue of $1.6315 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:00 AM ET.

RXO (NYSE:RXOGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.09). The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.34 billion. RXO had a negative net margin of 1.83% and a negative return on equity of 1.16%. The company’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.03) EPS. On average, analysts expect RXO to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

RXO Stock Performance

Shares of NYSE:RXO opened at $20.67 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.28. The company has a 50-day moving average price of $26.43 and a 200-day moving average price of $19.96. The company has a market cap of $3.41 billion, a price-to-earnings ratio of -33.88 and a beta of 2.10. RXO has a 12 month low of $10.43 and a 12 month high of $29.90.

Wall Street Analyst Weigh In

Several analysts recently issued reports on RXO shares. Morgan Stanley restated an “equal weight” rating and set a $22.00 price target (up from $19.00) on shares of RXO in a report on Thursday, May 7th. TD Cowen upped their price target on RXO from $14.00 to $21.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Wall Street Zen upgraded RXO from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Wells Fargo & Company lifted their price objective on RXO from $15.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Finally, Truist Financial boosted their target price on RXO from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $23.57.

View Our Latest Report on RXO

Hedge Funds Weigh In On RXO

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. bought a new position in RXO in the first quarter worth about $30,000. Quarry LP purchased a new position in shares of RXO during the 3rd quarter worth approximately $33,000. Larson Financial Group LLC grew its holdings in shares of RXO by 146.5% during the 3rd quarter. Larson Financial Group LLC now owns 2,766 shares of the company’s stock worth $43,000 after acquiring an additional 1,644 shares during the period. Strs Ohio purchased a new position in shares of RXO during the 1st quarter worth approximately $97,000. Finally, Mackenzie Financial Corp bought a new position in shares of RXO in the 4th quarter worth approximately $129,000. Hedge funds and other institutional investors own 92.73% of the company’s stock.

RXO Company Profile

(Get Free Report)

RXO Inc (NYSE: RXO) is a leading asset-light provider of digital freight brokerage and managed transportation solutions. The company leverages a proprietary technology platform to connect shippers with a network of third-party carriers, enabling optimized route planning, real-time shipment tracking, and dynamic pricing. RXO’s end-to-end service model spans full truckload, less-than-truckload (LTL), intermodal and cross-border freight movements, designed to improve efficiency and reduce transportation costs for its customers.

Operating primarily across North America, RXO serves a diverse base of shippers in industries ranging from retail and consumer goods to manufacturing and automotive.

Read More

Earnings History for RXO (NYSE:RXO)

Receive News & Ratings for RXO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RXO and related companies with MarketBeat.com's FREE daily email newsletter.