RXO (RXO) Expected to Announce Quarterly Earnings on Wednesday

RXO (NYSE:RXO - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $1.51 billion for the quarter.

RXO (NYSE:RXO - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter, hitting analysts' consensus estimates of $0.06. RXO had a positive return on equity of 1.53% and a negative net margin of 6.26%. 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

RXO traded down $0.06 during trading hours on Monday, hitting $14.70. 39,548 shares of the stock were exchanged, compared to its average volume of 1,459,869. RXO has a 12 month low of $12.19 and a 12 month high of $32.82. The stock has a 50-day simple moving average of $16.62 and a 200-day simple moving average of $22.74. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.26 and a quick ratio of 1.33. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of -6.93, a price-to-earnings-growth ratio of 4.55 and a beta of 1.60.

Analyst Ratings Changes

RXO has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft began coverage on shares of RXO in a research report on Friday, March 7th. They issued a "hold" rating and a $19.00 price objective on the stock. Barclays reduced their price objective on RXO from $24.00 to $22.00 and set an "overweight" rating for the company in a research report on Wednesday, April 2nd. Susquehanna reduced their price target on RXO from $18.00 to $13.00 and set a "negative" rating for the company in a research report on Wednesday, March 26th. Oppenheimer lowered RXO from an "outperform" rating to a "market perform" rating in a report on Friday, April 4th. Finally, Truist Financial decreased their target price on shares of RXO from $24.00 to $19.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, RXO presently has an average rating of "Hold" and a consensus price target of $22.40.

RXO Company Profile

RXO, Inc provides full truckload freight transportation brokering services. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was incorporated in 2022 and is based in Charlotte, North Carolina.