Core Insights - QXO, Inc. reported a quarterly loss of $0.03 per share, better than the Zacks Consensus Estimate of a loss of $0.05, representing an earnings surprise of 40% [1] - The company generated revenues of $13.51 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 12.57%, although this is a decline from $14.44 million in the same quarter last year [2] - QXO, Inc. shares have declined approximately 16.1% year-to-date, compared to a 4.3% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $13 million, and for the current fiscal year, it is -$0.12 on revenues of $2.56 billion [7] - The estimate revisions trend for QXO, Inc. is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Technology Services industry, to which QXO, Inc. belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Allot Communications, another company in the same industry, is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of -66.7%, with revenues anticipated to be $20.2 million, down 7.7% from the previous year [9][10]
QXO, Inc. (QXO) Reports Q1 Loss, Tops Revenue Estimates