QXO (QXO) Projected to Post Quarterly Earnings on Thursday

Key Points

• QXO is expected to report third-quarter 2026 results after Thursday’s market close, with analysts forecasting $0.1376 in earnings per share and $4.83 billion in revenue.
• In its previous quarter, QXO reported $0.08 EPS, matching estimates, while revenue of $3.25 billion exceeded expectations of $3.18 billion. Analysts project full-year EPS of $0.24 and next-year EPS of $0.51.
• QXO shares opened at $10.85, near their 52-week low, while Wall Street maintains a “Moderate Buy” consensus and an average price target of $24.77.

QXO (NYSE:QXO - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of $0.1376 per share and revenue of $4.83 billion for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, November 13, 2026 at 4:00 PM ET.

QXO (NYSE:QXO - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. QXO had a negative net margin of 5.17% and a positive return on equity of 2.41%. The company had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.18 billion. On average, analysts expect QXO to post $0.24 EPS for the current fiscal year and $0.51 EPS for the next fiscal year.

QXO Stock Performance

NYSE:QXO opened at $10.85 on Thursday. QXO has a 1 year low of $10.03 and a 1 year high of $27.61. The firm has a 50 day moving average of $12.04 and a 200-day moving average of $17.48. The company has a current ratio of 4.11, a quick ratio of 3.29 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $11.25 billion, a P/E ratio of -12.05, a price-to-earnings-growth ratio of 2.21 and a beta of 2.30.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on QXO shares. KeyCorp dropped their price target on QXO from $32.00 to $28.00 and set an "overweight" rating for the company in a report on Wednesday, July 1st. Morgan Stanley assumed coverage on QXO in a research note on Tuesday, August 4th. They issued an "overweight" rating and a $35.00 price objective on the stock. Benchmark restated a "buy" rating on shares of QXO in a report on Friday, August 14th. Citigroup lowered their target price on QXO from $28.00 to $25.00 and set a "buy" rating for the company in a research note on Monday, July 13th. Finally, Wells Fargo & Company lowered their target price on QXO from $16.00 to $15.00 and set an "overweight" rating for the company in a research note on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, QXO currently has an average rating of "Moderate Buy" and an average price target of $24.77.

About QXO

QXO, Inc is a building products distribution company serving professional contractors and other customers in the construction industry. Its product offerings include roofing materials, siding, windows, doors, insulation and related exterior building products.

The company operates through a network of distribution locations in the United States and Canada, providing materials, delivery services and product support to contractors and other building-industry customers. QXO's strategy is focused on expanding its presence in the building products distribution market through organic growth and acquisitions.

QXO was formerly known as SilverSun Technologies, Inc and adopted the QXO name as part of a strategic transformation led by investor Brad Jacobs.

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