Second Quarter 2024 Results August 7, 2024 PARTY CONTRACT WARREN FOR SEAR Property of Canada Property of the WARD CONSULTION 1000000000000 Chool of the one 0000000000000 No o o o o o o o o o o ● ND DODD DO 10 TODOGO DO OD OF . . .. .. .. RXO . . Non-GAAP financial measures and forward-looking statements Non-GAAP financial measures We provide reconciliations of the non-GAAP financial measures contained in this presentation to the most directly comparable measure under GAAP, which are set forth in the financi ...

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 2 ...

RXO (RXO) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this transportation services provider would post a loss of $0.04 per share when it actually produced a loss of $0.03, delivering a surprise of 25%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. RXO, which belongs to ...

Exhibit 99.1 RXO RXO Reports Second-Quarter Results Including Brokerage Volume Growth, Increased Last Mile Stops and New Managed Transportation Awards • Companywide gross margin of 19.0%; Brokerage gross margin of 14.7% • Brokerage volume increased by 4%; less-than-truckload volume grew 40% and full truckload volume declined by 2% year-over-year • Last Mile stops grew 7% year-over-year, the fastest rate in nearly two years • Managed Transportation was awarded more than $200 million in freight under manageme ...

The market expects RXO (RXO) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price chang ...

RXO (RXO) shares rallied 8.5% in the last trading session to close at $29.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 35.1% gain over the past four weeks. RXO shares have been performing well for quite some time, gaining in excess of 44% in a month's time. Last month RXO inked a deal with transportation heavyweight United Parcel Service (UPS) to purchase Coyote Logistics from for more than $1 billion. ...

ATLANTA, July 09, 2024 (GLOBE NEWSWIRE) -- Shiplify, the primary accessorial revenue identifier for carriers, shippers and third party logistics (3PL) providers, today announced a strategic partnership with RXO, a leading provider of asset-light transportation solutions. The integration of Shiplify's data with RXO's proprietary RXO Connect™ platform provides RXO's less-than-truckload (LTL) customers with accessorial visibility ahead of delivery, improving transparency during the billing process. "Shiplify n ...

ATLANTA, July 09, 2024 (GLOBE NEWSWIRE) -- Shiplify, the primary accessorial revenue identifier for carriers, shippers and third party logistics (3PL) providers, today announced a strategic partnership with RXO, a leading provider of asset-light transportation solutions. The integration of Shiplify's data with RXO's proprietary RXO Connect™ platform provides RXO's less-than-truckload (LTL) customers with accessorial visibility ahead of delivery, improving transparency during the billing process. "Shiplify n ...

Shares of RXO Inc. NYSE: RXO are up more than 20% on the week, something investors probably didn't see coming out of the 'boring' transportation sector. This sector is notorious for having a low beta, English for low volatility. RXO stock has a beta below 1.0, meaning the company's stock price will move less than the daily move in the broader S&P 500 index. RXO 52-Week Range $16.94 Price Target $19.90 Get United Parcel Service alerts: The transportation industry is due for a change, particularly the trucklo ...

The company is buying the brokerage business of UPS. Building scale RXO, which was spun out of trucking company XPO in November 2022, is focused on brokerage, or connecting customers in need of shipping services to shippers. The deal would make RXO the third-largest U.S. broker, adding about 15,000 customers to its existing 4,000 and pushing RXO deeper into verticals including food and beverage. "RXO's highly accretive acquisition of Coyote will immediately increase the scale of our brokerage business, prov ...