Company Performance - QXO, Inc. reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.04 per share, compared to earnings of $3.22 per share a year ago, representing an earnings surprise of +175.00% [1] - The company posted revenues of $1.91 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.86%, compared to year-ago revenues of $14.54 million [2] - Over the last four quarters, QXO has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - QXO shares have increased approximately 32.5% since the beginning of the year, outperforming the S&P 500's gain of 10% [3] - The current consensus EPS estimate for the coming quarter is $0.18 on $2.85 billion in revenues, and $0.37 on $7.24 billion in revenues for the current fiscal year [7] Industry Outlook - The Technology Services industry, to which QXO belongs, is currently in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact stock performance [5][8]
QXO, Inc. (QXO) Q2 Earnings and Revenues Surpass Estimates