RXO (RXO) Misses Q4 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. WCN
6. SPOT
7. BMY
8. SPY
9. FIX
10. TSCO

Go back to RXO (RXO) Misses Q4 EPS by 2c

RXO Delivers Strong Fourth Quarter Driven by Brokerage Volume Growth

February 7, 2023 4:15 PM EST

Companywide gross margin was 19.6 percent, up 250 basis points year-over-year; brokerage profitability remained strong with 17.9 percent gross margin in the fourth quarter, up 290 basis points year-over-year Brokerage volume increased by 4% year-over-year and set a company record for loads per day Downloads of RXO Drive app increased 45% year-over-year, and 87% of loads in the quarter were created or covered digitally Company expects continued year-over-year brokerage volume growth in the first quarter of 2023, driven by strong sales... More