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We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
(RTTNews) - 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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