RXO, Inc. (RXO)
Market Cap | 2.27B |
Revenue (ttm) | 3.93B |
Net Income (ttm) | 4.00M |
Shares Out | 117.54M |
EPS (ttm) | 0.03 |
PE Ratio | 644.00 |
Forward PE | 89.18 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 491,080 |
Open | 19.68 |
Previous Close | 19.91 |
Day's Range | 19.16 - 19.84 |
52-Week Range | 16.94 - 24.33 |
Beta | n/a |
Analysts | Hold |
Price Target | 20.45 (+5.85%) |
Earnings Date | May 2, 2024 |
About RXO
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. [Read more]
Financial Performance
In 2023, RXO, Inc.'s revenue was $3.93 billion, a decrease of -18.12% compared to the previous year's $4.80 billion. Earnings were $4.00 million, a decrease of -95.65%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for RXO stock is "Hold." The 12-month stock price forecast is $20.45, which is an increase of 5.85% from the latest price.
News
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...
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...
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 P...
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 ...
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 continu...
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, wi...
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 anyti...
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...
RXO Launches AI-Powered Truck Check-In Technology for Warehouses and Distribution Centers
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a new AI-powered check-in system for trucks arriving at warehouses and distribut...
RXO Schedules Fourth-Quarter Earnings and Investor Conference Call for February 8, 2024
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on Thursday, February 8, 2024. The company's results...
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.
RXO Earns 2023 Top Software & Tech Award
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the Top Software & Tech award by Supply and Demand Chain Executive ...
RXO Expands Ohio Office
DUBLIN, Ohio--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced the opening of its newly expanded Dublin, Ohio, brokerage office. “We are excited ...
RXO Earns 2024 Military Friendly® Employer Designation
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today it has earned the 2024 Military Friendly® Employer designation. Instituti...
RXO Opens Expanded Brokerage Office in Plano, Texas
PLANO, Texas--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, celebrated the opening of the company's expanded freight brokerage office in Plano, Texas. “...
RXO Announces Results for Third-Quarter 2023, Including 18 Percent Brokerage Volume Growth
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced its financial results for the third quarter of 2023. Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to execute w...
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.
RXO to Celebrate Its One-Year Anniversary by Ringing the Opening Bell® of the New York Stock Exchange
NEW YORK--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, will celebrate its one-year anniversary as a standalone, publicly traded company by ringing the ...
RXO Wins Best in HR Award From Charlotte Business Journal
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO, (NYSE: RXO), a leading provider of asset-light transportation solutions, won the 2023 Best in HR award from the Charlotte Business Journal (CBJ) in the publicly-...
RXO Announces Participation at Stephens Annual Investment Conference
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer; Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer and Kevin ...
RXO Announces Date Change for Third-Quarter Earnings and Investor Conference Call
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) announced today it has changed the date of its third-quarter earnings and investor conference call. RXO will now issue the results before the opening ...
RXO Adds Drop Trailer Capacity with Flex Fleet Program
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced the expansion of its Flex Fleet program, a nationwide drop-trailer solution. Th...
J.P. Morgan upgrades CSX and cuts rating on RXO
CSX Corp.'s stock was up 1.6% in premarket trading on Wednesday after J.P. Morgan upgraded the rail company to overweight from neutral.
RXO Schedules Third-Quarter Earnings and Investor Conference Call for November 8, 2023
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) will issue its third-quarter financial results before the opening of the New York Stock Exchange on Wednesday, November 8, 2023. The co...
RXO Presents the Carolina Panthers Oorah Hooah Classic 7-on-7 Football Tournament
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, presented the Oorah Hooah Classic 7-on-7 Football Tournament with the Carolina Panthers o...