QXO, Inc. (QXO) Q3 Earnings and Revenues Surpass Estimates

Core Viewpoint - QXO, Inc. reported quarterly earnings of $0.14 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and showing a significant improvement from a loss of $0.01 per share a year ago, indicating strong financial performance [1] Financial Performance - The company achieved revenues of $2.73 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.39%, compared to revenues of $13.15 million in the same quarter last year [2] - Over the last four quarters, QXO has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - QXO shares have increased approximately 3.7% since the beginning of the year, while the S&P 500 has gained 15.6%, indicating underperformance relative to the broader market [3] Future Outlook - The future performance of QXO's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, which includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.08 on revenues of $2.37 billion, and for the current fiscal year, it is $0.36 on revenues of $7 billion [7] Earnings Estimate Revisions - The trend of earnings estimate revisions for QXO was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]