QXO (QXO) Set to Announce Earnings on Thursday

QXO (NYSE:QXO) is projected to issue its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect QXO to post earnings of $0.1376 per share and revenue of $4.83 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, November 13, 2026 at 4:00 PM ET.

QXO (NYSE:QXO) last released its earnings results on Thursday, August 13th. The company reported $0.08 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.08. The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.18 billion. QXO had a positive return on equity of 2.41% and a negative net margin of 5.17%. On average, analysts expect QXO to post $0.24 EPS for the current fiscal year and $0.51 EPS for the next fiscal year.

QXO Trading Up 1.9%

QXO stock opened at $10.85 on Thursday. The company has a quick ratio of 3.29, a current ratio of 4.11 and a debt-to-equity ratio of 0.66. QXO has a twelve month low of $10.03 and a twelve month high of $27.61. The company has a market cap of $11.25 billion, a P/E ratio of -12.05, a PEG ratio of 2.21 and a beta of 2.30. The business has a fifty day moving average of $12.04 and a 200-day moving average of $17.48.

Analyst Ratings Changes

Several research firms recently issued reports on QXO. Wall Street Zen upgraded QXO from a “strong sell” rating to a “sell” rating in a report on Saturday, July 25th. Morgan Stanley started coverage on QXO in a report on Tuesday, August 4th. They set an “overweight” rating and a $35.00 price objective for the company. Citigroup cut their target price on shares of QXO from $28.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Weiss Ratings restated a “sell (d)” rating on shares of QXO in a research report on Wednesday, August 26th. Finally, KeyCorp reduced their target price on shares of QXO from $32.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, QXO presently has a consensus rating of “Moderate Buy” and an average price target of $24.77.

QXO Company Profile

QXO, Inc is a building products distribution company serving professional contractors and other customers in the construction industry. Its product offerings include roofing materials, siding, windows, doors, insulation and related exterior building products.

The company operates through a network of distribution locations in the United States and Canada, providing materials, delivery services and product support to contractors and other building-industry customers. QXO’s strategy is focused on expanding its presence in the building products distribution market through organic growth and acquisitions.

QXO was formerly known as SilverSun Technologies, Inc and adopted the QXO name as part of a strategic transformation led by investor Brad Jacobs.