QXO, Inc. (QXO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.24 per share a year ago.
QXO INC (QXO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
BECN secures $11 billion acquisition deal with QXO, ensuring cash certainty in an uncertain market.
Brad Jacobs, QXO chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss why he sees opportunity in rolling up building products distribution, the potential impact of tariffs on the industry, and more.
After its initial efforts to buy Beacon Roofing Supply (BECN) were rebuffed, technology solutions firm QXO (QXO) and the roofing distributor have come to an agreement.
Building-products distributor QXO signed a deal for Beacon Roofing Supply , valuing Beacon at roughly $7.7 billion, or $11 billion including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The agreement comes after a hostile takeover attempt.
QXO is in discussions about a potential $11 billion deal for Beacon Roofing Supply , the companies said on Monday.
QXO on Tuesday once again extended the deadline for its $11 billion takeover offer for Beacon Roofing Supply by a week to March 10.
Beacon Roofing Supply said on Tuesday it has adopted a limited duration stockholder rights agreement, commonly known as a poison pill, following a hostile takeover bid by QXO.
Beacon Roofing Supply President and CEO Julian Francis joins 'Mad Money' host Jim Cramer to talk the state of the industry, its offerings and more.
QXO's $11 billion pitch to buy Beacon Roofing touts the company's AI experience, as well as the housing shortage in the United States.