QXO, Inc. (QXO) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.11 per share a year ago.
QXO INC (QXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
QXO has rapidly consolidated the building materials distribution sector, acquiring Beacon Roofing, Kodiak Partners, and TopBuild within 15 months. Despite a sharp share price decline, QXO secured $3 billion in preferred equity from Apollo and Temasek, ensuring robust institutional backing. QXO now leads all comers in roofing, insulation, and MRO, with 1,150 locations and rapidly increasing revenue.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 700 | $13,342 | $9,310 | -$4,032 | -30.22% |
Curtis Ellergodt Rothschild Investment LLC | 77 | $1,485.52 | $1,224.3 | -$261.22 | -17.58% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 30,153 | $521,044 | $487,272.48 | -$33,771.52 | -6.48% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 500 | $9,645 | $8,085 | -$1,560 | -16.17% |
| SSS Shanna S. Sullivan SOUND SHORE MANAGEMENT Inc. /CT/ | 5.2M | $97.73M | $80.84M | -$16.89M | -17.28% |
| Software Industry | Information Technology Sector | Bradley S. Jacobs CEO | NYSE Exchange | 82846H405 CUSIP |
| US Country | 7,794 Employees | 12 Jun 2024 Last Dividend | 6 Jun 2024 Last Split | - IPO Date |
QXO, Inc. is a distinguished entity operating within North America, providing a multifaceted array of business applications, technology solutions, and consultative services. With its headquarters nestled in Greenwich, Connecticut, the company carves its niche by serving primarily small and medium-sized enterprises (SMEs) in the manufacturing, distribution, and services sectors. Its operational spectrum is broad, extending from accounting and business management to sophisticated technological and consulting engagements, all tailored to enhance and streamline the operational efficiency of its clientele.
Beyond these core offerings, QXO, Inc. enriches its portfolio with value-added services that resonate with intricate business needs, encompassing:
The spectrum of its offerings extends further into Information Technology Managed Services, covering: