Freight Delivery Company RXO (NYSE:RXO) will be reporting results tomorrow morning. Here’s what investors should know. RXO met analysts’ revenue expectations last quarter, reporting revenues ...

Freight Delivery Company RXO (NYSE:RXO) will be announcing earnings results tomorrow before market hours. Here’s what to look for. RXO beat analysts’ revenue expectations by 0.6% last quarter ...

RXO is down 4.2% during the same time and is heading into earnings with an average analyst price target of $26.75 (compared ...

On 2 May 2024, RXO released its 1Q24 earnings, which saw consolidated gross revenue of $913 million (down 9.6%) and gross profits of $159 million. Total gross margin came in at 17.4%, ...

RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.

In conclusion, my rating for RXO is now a hold, as the near-term headwinds outweigh the bull case. Specifically, the lack of visibility into when a freight recovery will happen keeps me cautious.

RXO, Inc., a prominent player in the North American transportation sector with annual revenue of $4.55 billion, has recently made headlines with its strategic acquisition of Coyote Logistics.

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion fro.

United Parcel Service is selling its freight-brokerage business to rival middleman RXO for $1.025 billion. The sale of Coyote Logistics announced Sunday falls far short of the $1.8 billion UPS ...