RXO, Inc. (RXO) Thursday reported net income of $2 million or $0.02 per share for the fourth quarter compared with a net loss of $4 million or $0.03 per share in the same quarter a year ago.
Analysts on average polled by Thomson-Reuters were expecting earnings of $0.04 per share. Analysts' estimates typically exclude special items.
Revenue for the quarter declined to $978 million from $1.120 billion a year ago. The consensus estimate was for $996.36 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.