Analysts Estimate RXO (RXO) to Report a Decline in Earnings: What to Look Out for
- RXO (RXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/25/2024
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RXO Expands Responsible Care® Certification
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation, announced today it has expanded its Responsible Care® certification from the American Chemistry Council (ACC) to include brokerage operations at its Charlotte, North Carolina, headquarters. The company also announced it has maintained its certification for its Naperville, Illinois, managed transportation office. The certification demonstrates RXO's unwavering commitment to transporting chemical.
- 04/08/2024
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RXO Schedules First-Quarter Earnings and Investor Conference Call for May 2, 2024
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) will issue its first-quarter financial results before the opening of the New York Stock Exchange on Thursday, May 2, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EDT. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 888-259-6580 International callers: (+1) 416-764-8624 Conference ID: 34295742 A rep.
- 04/02/2024
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Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive. The annual award recognizes top supply chain professionals who serve as an example for other leaders. “Lou, Brian and Alyssa are integral parts of the RXO team, and their dedication, expertise and innovations have been instrumental to driving our success,” said.
- 03/08/2024
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Raymond James 45th Annual Institutional Investor Conference in Orlando, Florida Presentation: Monday, March 4, 2:15 – 2:45 p.m. EST Event: J.P. Morgan Industrials Conference in New York, New York Presentation: Tuesday, March 12, 8:30 – 9:05 a.m. EDT A live webcast and replay of the presentation will be available at http://i.
- 02/29/2024
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Insider Buying: Taking a Controlling Stake in a Struggling Retailer?
- The biggest insider trading news of the week may have been Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos shedding over $4 billion worth of the company's shares as he reportedly prepares to move to Florida to take advantage of the better income tax environment.
- 02/18/2024
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Another Huge Buffett Purchase Highlights Recent Insider Buying
- The most notable of insider purchases in the past week or so is again legendary investor Warren Buffett boosting the Berkshire Hathaway stake in his favorite petroleum company.
- 02/12/2024
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Insider Favorites: 7 Stocks with Bullish Buying Signals
- While investors shouldn't get too focused on any one signal, a great source of confidence stems from insider favorite stocks. As the old adage goes, it's difficult to tell what insider selling means.
- 02/11/2024
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RXO, Inc. (RXO) Q4 2023 Earnings Call Transcript
- RXO, Inc. (RXO) Q4 2023 Earnings Call Transcript
- 02/08/2024
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RXO (RXO) Beats Q4 Earnings Estimates
- RXO (RXO) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.28 per share a year ago.
- 02/08/2024
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RXO Announces Results for Fourth-Quarter 2023, Including Double-Digit Brokerage Volume Growth for Third-Consecutive Quarter
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced its financial results for the fourth quarter and full year of 2023. Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to execute well in the fourth quarter despite the prolonged soft freight environment. For the third consecutive quarter, our brokerage business delivered double-digit volume growth with strong gross margin. Our managed transportation business secured several new managed expedite customers, solid.
- 02/08/2024
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RXO Announces Participation at Barclays 41st Annual Industrials Select Conference
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer; Jared Weisfeld, chief strategy officer; and Kevin Sterling, senior market strategist, will participate in the Barclays 41st Annual Industrials Select Conference in Miami, Florida, on Wednesday, February 21, from 3:35 p.m. until 4:05 p.m. EST. A live webcast and replay of the presentation will be available at http://investors.rxo.com. About RXO RXO (NYSE: RXO) is a leading provider of.
- 02/01/2024
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Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
- The transport industry is the heart of commerce and the linchpin of a functional economy. Moving goods more efficiently, more effectively and at the lowest cost possible isn't going out of style anytime soon.
- 01/26/2024
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DHLGY vs. RXO: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Transportation - Services sector might want to consider either DHL Group Sponsored ADR (DHLGY) or RXO (RXO). But which of these two stocks offers value investors a better bang for their buck right now?
- 01/19/2024
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RXO Launches AI-Powered Check-In System for Trucks Arriving at Warehouses
- RXO, a provider of asset-light transportation solutions, has launched an artificial intelligence (AI)-powered check-in system for trucks arriving at warehouses and distribution centers. This visual AI technology aims to simplify the check-in and security process by utilizing video to identify trucks and extract image and video data, the company said in a Tuesday (Jan.
- 01/16/2024
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We're still in a soft freight environment, says RXO CEO Drew Wilkerson
- Drew Wilkerson, RXO CEO, discusses the state of freight in the midst of the holiday spending season.
- 12/13/2023
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ASR vs. RXO: Which Stock Should Value Investors Buy Now?
- Investors interested in Transportation - Services stocks are likely familiar with Grupo Aeroportuario del Sureste (ASR) and RXO (RXO). But which of these two stocks presents investors with the better value opportunity right now?
- 11/15/2023
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RXO Inc. (RXO) Q3 2023 Earnings Call Transcript
- RXO Inc. (NYSE:RXO ) Q3 2023 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Drew M. Wilkerson - CEO & Director James E.
- 11/11/2023
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RXO CEO: We are confident in our ability to perform in any market cycle
- RXO CEO Drew Wilkerson joins 'Squawk on the Street' to discuss where the economy is in the freight cycle, how much room there is to grow market share, and more.
- 11/01/2023
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Analysts Estimate RXO (RXO) to Report a Decline in Earnings: What to Look Out for
- RXO (RXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/31/2023
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RXO: Steering Through The Freight Frenzy
- RXO, a truckload brokerage company, is facing challenges in the freight market due to economic factors. In Q2 2023, RXO experienced a significant drop in revenues, earnings, and margins. Despite the challenges, RXO's core operations remain healthy, it is gaining market share, and can withstand the market weakness.
- 09/13/2023
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RXO, Inc. (RXO) Q2 2023 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer James Harris - Chief Financial Officer Jared Weisfeld - Chief Strategy Officer Conference Call Participants Stephanie Moore - Jefferies Brandon Oglenski - Barclays Ken Hoexter - Bank of America Merrill Lynch Scott Schneeberger - Oppenheimer Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research Allison Poliniak - Wells Fargo Thomas Wadewitz - UBS Jack Atkins - Stephens Jordan Alliger - Goldman Sachs Operator Welcome to RXO Q2 2023 Earnings Conference Call and Webcast. My name is Sylvie and I will be your operator for today's call.
- 08/06/2023
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Consumer health has been resilient, opportunity for a 'peak season', says RXO CEO Drew Wilkerson
- Drew Wilkerson, RXO CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, the stock's reaction and more.
- 08/02/2023
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RXO continues to perform as cycle inflection lingers
- Management from freight broker RXO said truck capacity is exiting the market but that it isn't willing to speculate on when the next move in the cycle may occur. The industry has seen carriers head for the exits, especially those heavily dependent on what remain depressed spot rates.
- 06/15/2023
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RXO: Innovative Technologies Supporting Transportation, And Cheap
- RXO Inc., the fourth largest broker of full truckload freight transportation in the US, has a positive outlook for 2023 due to strong customer relationships and technological advantages. The company's diversified revenue, proprietary technology, potential for future share repurchases, and M&A contribute to my higher valuation than the current stock price. Despite risks from competition, fuel price increases, and revenue concentration, I consider RXO undervalued with the potential for growth in the coming years.
- 06/13/2023
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RXO exec at UBS conference says 3PL's market share still rising
- NEW YORK — RXO's chief strategy officer conceded to a conference here that he didn't have much fresh to say in terms of the company's market or overall outlook, but given the relative strength of the 3PL's first-quarter performance, no news remains relatively bullish news. At the UBS Global Industrial and Transportation Conference, a two-day “dog and pony” for money managers eyeing investments in the sector, RXO Director of Strategy Jared Weisfeld said RXO (NYSE: RXO) is sticking to its earlier prediction that it would grow its brokerage volumes in the second quarter on a year-on-year basis.
- 06/06/2023
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AI will allow employees to do more per day: RXO CEO
- RXO CEO Drew Wilkerson joins Yahoo Finance Live's Seana Smith from the Goldman Sachs Industrials & Materials Conference in N.Y., to discuss the state of the economy, what a potential recession would mean for the freight industry, AI, and the U.S. debt ceiling.
- 05/10/2023
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RXO comes in relatively strong in quarter full of weak freight earnings
- On the earnings call Wednesday for publicly traded 3PL RXO, Ravi Shanker of Morgan Stanley asked the question that lingered after the upbeat statements by company management: How can this company's leaders be so optimistic? Shanker is one of the network of transportation analysts who have sat through one dreary Q1 earnings call after another, with executives across the spectrum all talking about the “soft” market — a four-letter word that has come up on virtually every call — and forecasts that were optimistic based on the notion that things couldn't keep getting worse in freight markets from the perspective of brokers and carriers.
- 05/03/2023
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Trucker RXO Posts Earnings Beat. It's a Sign Economy Could Be Close to Bottom.
- RXO reported adjusted first quarter earnings per share of 11 cents from sales of $1.1 billion, Wednesday. Wall Street was looking for 7 cents from about $1.1 billion in sales, respectively.
- 05/03/2023
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, Jamie Harris, chief financial officer, and Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Oppenheimer 18th Annual Industrial Growth Conference - Virtual Presentation: Tuesday, May 9, 3:00 - 3:35 p.m. EDT Event: Goldman Sachs Industrials and Materials Conference in New York, N.Y. Presentation: Wednesday, May 10, 11:35 a.m. - 12:10.
- 04/24/2023
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Borderlands: RXO invests $30M, expands logistics operation in South Texas
- Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: RXO invests $30 million and expands its logistics operations in South Texas; the Mexican state of Nuevo Leon is investing $22 million to expand a border bridge; Packwell is set to build a resin logistics center at Port Houston; and RK Logistics Group opens a Texas distribution center.
- 04/02/2023
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RXO Inc.: Wait For Signals Of Recovery In H2 2023
- RXO should continue to gain market share from smaller players due to its tech investments and access to capacity. Management continues to be optimistic about reaching its $500 million adjusted EBITDA target by 2027.
- 03/27/2023
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, Jamie Harris, chief financial officer and Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Raymond James 44th Annual Institutional Investors Conference in Orlando, Fla. Presentation: Monday, March 6, 8:05-8:35 a.m. EST Event: J.P. Morgan 2023 Industrials Conference in New York, N.Y. Presentation: Wednesday, March 15, 8:00-8:40 a.m.
- 03/01/2023
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This Logistics Stock Is Grabbing Tons of Market Share. Time to Buy?
- XPO is growing volume during a tough time. Will its bet on capacity pay off?
- 02/13/2023
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RXO CEO talks earnings, tech-enabled logistics, and using AI for freight carriers
- This segment originally aired on February 8, 2023. RXO CEO Drew Wilkerson joins Yahoo Finance Live anchors Brad Smith, Julie Hyman, and Brian Sozzi to discuss company earnings, going public following the XPO spinoff, a slowdown in the macro economy, industry tailwinds, and the outlook for 2023.
- 02/11/2023
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RXO, Inc. (RXO) Q4 2022 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer Jamie Harris - Chief Financial Officer Jared Weisfeld - Chief Strategy Officer Conference Call Participants Stephanie Moore - Jefferies LLC Ken Hoexter - Bank of America Merrill Lynch Scott Group - Wolfe Research Scott Schneeberger - Oppenheimer & Co. Thomas Wadewitz - UBS Allison Poliniak - Wells Fargo Securities LLC Brian Ossenbeck - JPMorgan Chase & Co Jack Atkins - Stephens Inc. Jordan Alliger - Goldman Sachs Group, Inc. Bascome Majors - Susquehanna Financial Group Operator Welcome to the RXO Q4 2022 Earnings Conference Call and Webcast. My name is Michelle, and I will be the operator for today's call.
- 02/10/2023
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RXO chief sees signs of restocking activity in 2nd half
- CEO Drew Wilkerson of transport company RXO Inc. said Wednesday that customers have told him restocking activity should resume in the second half of the year after several quarters of destocking bloated inventories. Wilkerson said the conversation with customers has shifted from where it was six to nine months ago, where much of the discussion centered on destocking.
- 02/08/2023
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RXO posts EPS gains, decline in revenue for Q4
- In its first quarterly report since being spun off in November from XPO Inc., transportation company RXO Inc. on Tuesday reported adjusted diluted earnings per share of 28 cents in the fourth quarter on revenue of $1.1 billion. Revenue for the same period of 2021, when RXO's businesses were still part of XPO (NYSE: XPO), was $1.3 billion.
- 02/07/2023
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RXO expands carrier loyalty rewards program
- Transportation company RXO Inc. said it has expanded its carrier loyalty program to include discounts on hotels, subscriptions to ad-free music station Sirius XM, as well as access to load boards. The program, called RXO Extra, was announced Wednesday and builds on an initiative launched in September 2019 when the company's portfolio was part of XPO Inc. (NYSE: XPO).
- 02/02/2023
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--( BUSINESS WIRE )--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, Jamie Harris, chief financial officer and Jared Weisfeld, chief strategy officer, will participate in the following investor conferences:
- 02/02/2023
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RXO Inc: Near-Term Headwinds Could Provide Better Entry Point
- An expected ongoing decline at the macroeconomic level will continue to weigh on the trucking industry in 2023. With the sector currently undergoing cyclical freight pressures, the short-term outlook for RXO remains subdued.
- 01/20/2023
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RXO Schedules Fourth Quarter Investor Conference Call for Wednesday, February 8, 2023
- CHARLOTTE, N.C.--( BUSINESS WIRE )--RXO (NYSE: RXO) will hold its fourth quarter conference call and webcast on Wednesday, February 8, at 8 a.m. Eastern Time. The company's results will be released after market close on February 7 and made available on www.rxo.com.
- 01/13/2023
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These Are the 10 Biggest Companies With Under 10% Institutional Ownership
- Institutional investors are companies or organizations that invest on the behalf of others.
- 12/19/2022
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RXO's Q3 full-quarter earnings reported to SEC; Jefferies gives ‘buy' rating
- RXO became a publicly traded company Nov. 1 after its spinoff from XPO Logistics, and Wall Street will be getting ready for its first earnings report and possible conference call as a stand-alone company, even as more data about the company emerges. Jefferies & Co. this week released a report that initiated coverage of RXO at a “buy” rating, with a price target of $25 a share.
- 12/07/2022
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RXO makes dedicated freight accessible, desireable for shippers and carriers
- video-js.video-js.vjs-fluid:not(.vjs-audio-only-mode) {padding-top: 56.25%;} Shippers and carriers interact with the market differently, but one thing has become clear over the past few years: Contracts and dedicated lanes allow both parties to gain stability in an unpredictable landscape. Accessing those contracts and making them work, however, can be difficult.
- 12/07/2022
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Truckload broker RXO ready to take on market alone
- At the beginning of the month the nation's fourth-largest truckload broker stepped out on its own. RXO, a tech-enabled brokerage and logistics platform with more than $5 billion in annual revenue, separated from the remaining pieces of a once multimodal transportation and logistics behemoth.
- 11/17/2022
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Here's Why This New Spinoff Stock Looks Like It Could Be a Market-Beater
- Truck brokerage RXO looks like a winner.
- 11/08/2022
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RXO Inc. - A (Bullish) Early Look
- Earlier this month, XPO Logistics spun off its brokerage segment RXO Inc. RXO is one of the largest truck brokerage firms in North America, benefiting from very strong secular growth, and its own ability to outperform its industry.
- 11/06/2022
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Done deal: XPO completes spinoff of brokerage unit RXO
- XPO Logistics announced Tuesday that it has completed the spinoff of brokerage operation RXO Inc. The separation creates two independent, publicly traded companies.
- 11/01/2022
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We're taking market share and doing so profitably, says RXO CEO
- Drew Wilkerson, RXO CEO, joins 'TechCheck' to discuss what investors get when they buy a share of RXO, where the company sees growth going forward and what technology does for the truck brokerage industry.
- 11/01/2022
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