Raymond James analyst Felix Boeschen initiated coverage on RXO Inc (NYSE:RXO) with a Market Perform rating on the shares. Following the spin-off from XPO Logistics,…
XPO Logistics (NYSE:XPO) reported its Q3 earnings results on Monday, October 31, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
XPO Logistics beat estimated earnings by 8.21%, reporting an EPS of $1.45 versus an estimate of $1.34.
RXO Inc. (NYSE:RXO) will be added to the S&P MidCap 400 prior to the opening of trading on Tuesday, November 1, replacing Bread Financial Holdings Inc. (NYSE:BFH) which will move to the S&P SmallCap 600 effective