| RXO, Inc. (RXO) Q1 2025 Earnings Call Transcript |
RXO, Inc. (NYSE:RXO ) Q1 2025 Earnings Conference Call May 7, 2025 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 Chris Wetherbee - Wells Fargo David Zulong - Barclays Jeff Kauffman - Vertical Research Partners Lucas Cervera - Truist Securities Ken Hoexter - Bank of America Ravi Shankar - Morgan Stanley Brian Ossenbeck - JPMorgan Bruce Chan - Stifel Jordan Alliger - Goldman Sachs Scott Schneeberger - Oppenheimer Operator Welcome to the RXO Q1 2025 earnings conference call and webcast. My name is Joelle and I will be your conference operator for today's call. |
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2025-05-11 12:02:05 |
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| RXO Inc. price target lowered to $18 from $22 at Barclays |
Barclays lowered the firm's price target on RXO Inc. to $18 from $22 and keeps an Overweight rating on the shares. The company's Q1 is inline with consensus as better last-mile results offset weak truckload brokerage volumes, the analyst tells investors in a research note. The firm says RXO's revenue headwinds are likely across segments, driving down its forecasts despite increased synergies and likely improved purchased transportation costs. RXO reported "another soft quarter," with EBITDA on the low end of guidance and tepid volume growth overall, contends Barclays. 07 May 21 May 10 Sep |
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2025-05-07 17:42:18 |
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| RXO (RXO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for RXO (RXO) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
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2025-05-07 14:35:39 |
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| RXO (RXO) Reports Q1 Loss, Lags Revenue Estimates |
RXO (RXO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.03 per share a year ago. |
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2025-05-07 12:40:33 |
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| RXO Announces First-Quarter Results, Successful Migration of Coyote Coverage Operations to the RXO Connect® Platform |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today reported its first-quarter financial results and announced the successful migration of Coyote coverage operations to the RXO Connect® platform. “Our technology team has been working diligently to integrate the best features of the legacy Coyote technology platform into RXO Connect. Today, I'm pleased to announce a critical integration milestone – carrier and coverage operations are now happening in one system, which will enable us to lever. |
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2025-05-07 10:30:00 |
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| RXO (RXO) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release |
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. |
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2025-04-30 15:07:35 |
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| RXO Announces Participation at Oppenheimer 20th Annual Industrial Growth Conference |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, and Jared Weisfeld, chief strategy officer, will participate in the Oppenheimer 20th Annual Industrial Growth Conference, which will be held virtually on May 8, 2025, at 10:30 a.m. EDT. The live webcast and a replay of the presentation will be available at http://investors.rxo.com. About RXO RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech. |
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2025-04-30 12:30:00 |
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| RXO Schedules First-Quarter Earnings and Investor Conference Call for May 7, 2025 |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) will issue its first-quarter financial results before the opening of the New York Stock Exchange on Wednesday, May 7, 2025. 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) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 81237 A repla. |
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2025-04-07 12:30:00 |
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| Supply & Demand Chain Executive Names Three RXO Leaders as Recipients of 2025 Pros to Know Award |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) a leading provider of asset-light transportation solutions, announced today that Fernando Rabel, Jack Gerstner and Kait Parker were named 2025 Pros to Know by Supply & Demand Chain Executive. This award recognizes top supply chain professionals who serve as an example for other leaders looking to leverage supply chain for competitive advantage. This is the third consecutive year RXO leaders have been announced as winners, with recipients awa. |
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2025-03-17 10:30:00 |
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| RXO Announces Participation at Upcoming Investor Conferences |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida Presentation: Monday, March 3, 2:15 p.m. EST Speakers: Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer Event: J.P. Morgan 2025 Industrials Conference in New York, New York Presentation: Wednesday, March 12, 2:25 p.m. EDT Speakers: Jared We. |
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2025-02-28 10:30:00 |
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| RXO Releases the Q1 Curve Freight Market Forecast |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--Today, RXO (NYSE: RXO), a leader in asset-light transportation solutions, released its proprietary Q1 2025 Curve Truckload Market Forecast. The long-trusted quarterly forecast continues under RXO following the company's acquisition of Coyote Logistics and will now benefit from even more robust datasets thanks to the combined organizations. The Curve, originally published in 2018, is a proprietary index that measures the year-over-year rate of change in truckloa. |
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2025-02-24 10:30:00 |
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| RXO: The Bear Case Is In Focus (Rating Downgrade) |
I downgrade RXO from buy to hold due to uncertainty in growth recovery and weak near-term outlook, expecting the stock to remain rangebound. RXO's 1Q25 guidance fell short of expectations, with adj EBITDA guidance of $20-$30 million, indicating continued volume weakness and margin pressure. Despite positive signs in contract rates and spot rates, the freight market recovery remains uncertain, posing risks to RXO's near-term performance. |
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2025-02-09 13:55:52 |
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| RXO, Inc. (RXO) Q4 2024 Earnings Call Transcript |
RXO, Inc. (NYSE:RXO ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer Jamie Harris - Chief Financial Officer Jared Weisfeld - Chief Strategy Officer Conference Call Participants Ken Hoexter - Bank of America Scott Schneeberger - Oppenheimer Joe Hafling - Jefferies Brandon Oglenski - Barclays Tom Wadewitz - UBS Chris Wetherbee - Wells Fargo Ravi Shanker - Morgan Stanley Jordan Alliger - Goldman Sachs Jason Seidl - TD Cowen Scott Group - Wolfe Research Daniel Imbro - Stephens Operator Welcome to the RXO Fourth Quarter 2024 Quarter Earnings Conference Call and Webcast. My name is Jenny and I will be your operator for today's call. |
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2025-02-05 16:48:05 |
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| Here's What Key Metrics Tell Us About RXO (RXO) Q4 Earnings |
Although the revenue and EPS for RXO (RXO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
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2025-02-05 12:36:35 |
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| RXO (RXO) Q4 Earnings Match Estimates |
RXO (RXO) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago. |
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2025-02-05 10:40:17 |
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| RXO Reports Fourth-Quarter Results |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced its financial results for the fourth quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “The integration of Coyote Logistics remains ahead of schedule and we're again raising our estimate for annualized cost synergies. We now expect to achieve at least $50 million in synergies.” Wilkerson continued, “In the fourth quarter, RXO grew combined brokerage volume by 10% sequentially, the result of our focus on provi. |
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2025-02-05 08:30:00 |
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| RXO Announces Participation at Upcoming Investor Conferences |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that Chief Executive Officer Drew Wilkerson and Chief Strategy Officer Jared Weisfeld will participate in the following investor conferences: Event: Citi's 2025 Global Industrial Tech and Mobility Conference in Miami, Florida Presentation: Wednesday, February 19, 11:20 a.m. EST Event: Barclays 42nd Annual Industrial Select Conference in Miami, Florida Presentation: Thursday, February 20, 9:50 a.m. EST Live webcasts and replays of. |
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2025-01-30 10:30:00 |
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| RXO (RXO) Expected to Beat Earnings Estimates: Can the Stock Move Higher? |
RXO (RXO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-01-29 13:06:32 |
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| RXO Named a 2024 EPA SmartWay Leader for Sustainability Excellence in the Freight and Logistics Industry |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) a leading provider of asset-light transportation solutions, has been named a 2024 SmartWay Leader by the U.S. Environmental Protection Agency (EPA). This recognition highlights RXO's ability to influence and drive industry-wide change for a more sustainable future. As part of the inaugural list of leaders, RXO was honored for its project, CSR Principles: Corporate Action to Customer Options. This initiative reflects RXO's commitment to advancing. |
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2025-01-21 10:30:00 |
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| Is the Options Market Predicting a Spike in RXO Stock? |
Investors need to pay close attention to RXO stock based on the movements in the options market lately. |
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2025-01-06 12:46:45 |
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| RXO Earns 2024 Top Software and Tech Award |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the 2024 Top Software & Tech award by Supply and Demand Chain Executive and Food Logistics. The award highlights RXO's visual AI technology for gate check-in. Introduced in late 2023, the new AI-powered check-in system was implemented to streamline data collection as trucks arrive at warehouses and distribution centers. The technology automates the process of. |
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2024-12-09 10:30:00 |
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| RXO Announces Participation at Upcoming Investor Conferences |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: UBS Global Industrials and Transportation Conference in Palm Beach, Florida Presentation: Tuesday, December 3, 3:30 p.m. EST Speakers: Drew Wilkerson, chief executive officer; Jared Weisfeld, chief strategy officer Event: Goldman Sachs Industrials and Materials Conference in New York, New York Presentation: Wednesday, December 4, 2:40 p.m. EST Spe. |
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2024-11-25 10:30:00 |
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| RXO, Inc. (RXO) Q3 2024 Earnings Conference Call Transcript |
RXO, Inc. (NYSE:RXO ) Q3 2024 Earnings Conference Call November 7, 2024 7:00 AM ET Company Participants Drew Wilkerson - CEO Jamie Harris - CFO Jared Weisfeld - Chief Strategy Officer Conference Call Participants Ariel Rosa - Citigroup. Scott Schneeberger - Oppenheimer David Zazula - Barclays Joe Hafling - Jefferies Ken Hoexter - Bank of America Bruce Chan - Stifel Scott Group - Wolfe David Hicks - Raymond James Operator Welcome to the RXO Q3 2024 Earnings Conference Call and Webcast. |
seekingalpha.com |
2024-11-10 06:36:05 |
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| RXO (RXO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates |
The headline numbers for RXO (RXO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-11-07 12:35:42 |
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| RXO (RXO) Tops Q3 Earnings and Revenue Estimates |
RXO (RXO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.05 per share a year ago. |
zacks.com |
2024-11-07 10:11:12 |
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| RXO Reports Third-Quarter Results with Coyote Integration Ahead of Schedule and Complementary Services Momentum |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced its financial results for the third quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “In the third quarter, our focus on execution enabled us to achieve a solid 13.7% gross margin in our Brokerage business, despite the prolonged soft freight market. Momentum continued within our complementary services. In Managed Transportation, we secured more than $300 million in new business and continue to have a strong. |
businesswire.com |
2024-11-07 08:00:00 |
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| Earnings Preview: RXO (RXO) Q3 Earnings Expected to Decline |
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. |
zacks.com |
2024-10-31 13:06:41 |
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| RXO Announces Participation at Upcoming Investor Conferences |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: Scotiabank 24th Annual Transportation & Industrials Conference in Toronto, Ontario Presentation: Thursday, November 14, 10 a.m. EST Speakers: Jared Weisfeld, chief strategy officer Event: Stephens Annual Investment Conference in Nashville, Tennessee Presentation: Tuesday, November 19, 5:00 p.m. EST Speakers: Drew Wilkerson, chief executive off. |
businesswire.com |
2024-10-28 10:30:00 |
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| RXO Announces Time Change for Third-Quarter Earnings and Investor Conference Call |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) announced today it has changed the time of its third-quarter earnings and investor conference call, which will be held on Thursday, November 7, 2024. The conference call will now be at 7 a.m. EST. The company's results will be made available on www.rxo.com. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID:. |
businesswire.com |
2024-10-14 12:30:00 |
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| RXO Emerges Stronger With The Freight Recession In The Rearview |
RXO Inc., the third-largest freight brokerage in North America, shows strong growth with increasing freight load volumes and revenue per load, making it a buy. The acquisition of UPS' freight brokerage business significantly expands RXO's market reach, customer base, and potential for economies of scale. Despite pricing pressures, RXO's improving volumes and margins, coupled with a recovering freight market, indicate strong future growth prospects. |
seekingalpha.com |
2024-10-12 07:44:21 |
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| RXO Presents the 2024 Carolina Panthers Oorah Hooah Classic 7-on-7 Football Tournament |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--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 at Bank of America Stadium on Tuesday. The event featured 7-on-7 style football games between active-duty service members from the Army and Marines. More than 50 active-duty service members stationed at Fort Liberty and Camp Lejeune competed on four teams in three games of pool play, culminating in. |
businesswire.com |
2024-10-09 12:30:00 |
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| RXO Schedules Third-Quarter Earnings and Investor Conference Call for November 7, 2024 |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) will issue its third-quarter financial results before the opening of the New York Stock Exchange on Thursday, November 7, 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. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 82059 A r. |
businesswire.com |
2024-10-07 12:30:00 |
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| RXO Completes Acquisition of Coyote Logistics |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it has completed its acquisition of Coyote Logistics from UPS for a purchase price of $1.025 billion. The company is now the third-largest provider of brokered transportation in North America. This acquisition enhances RXO's market position, diversifies and expands its customer base and broadens its carrier network. For customers, RXO now offers increased network densit. |
businesswire.com |
2024-09-16 10:30:00 |
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| RXO Announces Common Stock Offering Associated with Financing Acquisition of Coyote Logistics from UPS |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it intends to make an offering of $350,000,000 of shares of its common stock. RXO's common stock is listed on the New York Stock Exchange under the symbol “RXO.” RXO intends to grant the underwriters of the offering an option to purchase up to an additional $52,500,000 of shares of common stock at the public offering price less underwriting discounts and commissions. RX. |
businesswire.com |
2024-09-09 12:16:00 |
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| XPO and RXO stocks are severely overvalued: buy, sell, or hold? |
XPO and RXO stocks have done well this year as they continued beating the S&P 500 index. XPO has risen by over 30% while RXO has jumped by 22.35%. |
invezz.com |
2024-08-31 09:13:13 |
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| RXO Announces Participation at Upcoming Investor Conferences |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: Jeffries Industrials Conference in New York Presentation: Wednesday, September 4, 3:05 – 3:35 p.m. EDT Speakers: Drew Wilkerson, chief executive officer; Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer Event: Morgan Stanley 12th Annual Laguna Conference in Dana Point, California Presentation: Wednesday, September 11,. |
businesswire.com |
2024-08-29 12:30:00 |
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| RXO Launches Prepay Fuel Option for Carriers |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a prepay capability through the RXO Fuel Card. The new prepay solution enables drivers to plan their fuel spend and more effectively maintain their budgets. Carriers can preload funds to the RXO Fuel Card using their personal credit or debit card. Additionally, the new pay-as-you-go option has a quick approval process, no setup fee and allows drivers to take advantage of RXO's. |
businesswire.com |
2024-08-28 12:30:00 |
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| 10% Owner Funds Trucking Acquisition, Plus More Big Insider Buying |
24/7 Wall St. Insights A beneficial owner made a huge buy of shares in a trucking company this past week. |
247wallst.com |
2024-08-18 13:15:15 |
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| RXO Announces $550 Million Private Financing |
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced that it has entered into purchase agreements with MFN Partners, LP and certain accounts managed by Orbis Investments for a $550 million private financing. The company intends to use the proceeds from the transaction to finance a portion of the pending acquisition of Coyote Logistics, UPS' technology-driven, asset-light based truckload freight brokerage services business. |
businesswire.com |
2024-08-12 20:15:00 |
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| RXO, Inc. (RXO) Q2 2024 Earnings Call Transcript |
RXO, Inc. (NYSE:RXO ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Drew Wilkerson – CEO James Harris – CFO Jared Weisfeld - CSO Conference Call Participants Scott Schneeberger – Oppenheimer Scott Group - Wolfe Research Stephanie Moore – Jefferies Tom Wadewitz – UBS Jason Seidl - TD Cowen Ken Hoexter - Bank of America David Zaslav - Barclays Ravi Shanker - Morgan Stanley David Hicks - Raymond James Daniel Imbro - Stephens Inc. Bruce Chan - Stifel Operator Welcome to the Q2 2024 RXO Earnings Conference Call. My name is Sharon and I will be your operator for today's call. |
seekingalpha.com |
2024-08-07 16:18:08 |
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