• RXO Inc RXO.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -9 cents to 6 cents per share.

• Revenue rose 52.6% to $1.42 billion from a year ago; analysts expected $1.44 billion.

• RXO Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $9 million.

• RXO Inc shares had fallen by 1.8% this quarter and lost 35.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 31.1% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 15 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is "buy."

• Wall Street's median 12-month price target for RXO Inc is $17.50, about 11.8% above its last closing price of $15.44

This summary was machine generated from LSEG data August 7 at 03:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)