CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — RXO Inc. (RXO) on Thursday reported a loss of $14 million in its third quarter.
The Charlotte, North Carolina-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The transportation services provider posted revenue of $1.42 billion in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $1.45 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RXO at https://www.zacks.com/ap/RXO
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
