财务数据和关键指标变化 - 公司在第二季度实现了调整后EBITDA 28百万美元,处于指导范围的中间值 [6][7] - 经纪业务量同比增长4%,其中LTL业务量增长40% [7] - 全货车业务量同比下降2%,略好于预期 [8] - 跨境经纪业务量同比增长12% [8] - 公司整体毛利率为19%,同比增加40个基点 [22] - 公司调整后EBITDA利润率为3%,同比下降90个基点 [22] 各条业务线数据和关键指标变化 - 经纪业务收入为5.43亿美元,同比下降3%,主要由于全货车业务量和运价下降 [23] - 经纪业务毛利率为14.7%,处于较高水平 [23] - 补充服务业务收入为4.21亿美元,同比下降4%,但环比增长10% [24] - 补充服务业务毛利率为23%,同比增加170个基点 [24] - 最后一公里业务停车点同比增长7%,为近两年最快增速 [11][24] 各个市场数据和关键指标变化 - 供给端,每月运力退出有所放缓,但负荷比仍处于较低水平 [13][14] - 需求端,一些指标如零售库存和工业PMI有所改善,但就业市场和消费者信心有所下降 [15] 公司战略和发展方向及行业竞争 - 公司采取了有利于获取项目和临时性运力的定价策略,有利于未来市场复苏时的业务增长 [9][18][20] - 公司在最后一公里业务实施了成本优化措施,预计可带来超过2000万美元的年度EBITDA提升 [25] - 公司计划收购Coyote Logistics,有助于提升规模和盈利能力 [20] - 公司长期看好经纪业务相对于资产型运营商的市场份额提升趋势 [118] 管理层对经营环境和未来前景的评论 - 尽管当前市场环境仍然疲软,但公司有信心在第三季度实现EBITDA的环比和同比增长 [19][31] - 公司预计第三季度经纪业务量将同比下降低单位数至中单位数,但环比将略有增长 [16][17] - 公司认为当前市场运价处于不可持续的水平,未来有望回升 [14][15] - 公司对长期发展前景保持乐观,将继续专注于为客户提供优质服务和全面解决方案 [148] 其他重要信息 - 公司在第二季度实现了约1300万美元的成本优化,年化影响将达3500万至4000万美元 [29] - 公司第三季度预计调整后自由现金流转换率将超过50% [31] - 公司预计全年资本支出将在4000万至5000万美元之间 [33] 问答环节重要的提问和回答 问题1 **Scott Schneeberger 提问** 询问公司第三季度的业务量变化情况 [61][62] **Jared Weisfeld 回答** 预计第三季度经纪业务量同比下降低单位数至中单位数,但环比将略有增长,全货车业务量同比下降高单位数至低双位数 [62][63] 问题2 **Scott Group 提问** 询问公司第三季度EBITDA环比增长的驱动因素 [69] **James Harris 回答** 主要得益于成本优化措施的全面实施,以及最后一公里业务的改善 [85][86] 问题3 **Stephanie Moore 提问** 询问公司的定价策略和竞争情况 [75][76] **Drew Wilkerson 回答** 公司采取了透明的定价策略,并专注于为客户提供优质服务和解决方案,而非单纯依靠价格竞争 [77][78]

RXO (RXO) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this transportation services provider would post a loss of $0.04 per share when it actually produced a loss of $0.03, delivering a surprise of 25%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. RXO, which belongs to ...

财务表现 - 公司2024年第二季度收入为9.3亿美元，同比下降3.4%[44] - 公司2024年上半年收入为18.43亿美元，同比下降6.6%[35] - 公司2024年第二季度调整后EBITDA为2800万美元，同比下降26.3%[36] - 公司2024年上半年调整后EBITDA为4300万美元，同比下降42.7%[36] - 公司2024年第二季度调整后每股收益为0.03美元，同比下降62.5%[40] - 公司2024年上半年调整后每股收益为0美元，同比下降100%[40] 业务表现 - 公司经纪业务量同比增长4%，其中LTL(less-than-truckload)业务量增长40%，FTL(full truckload)业务量下降2%[10] - 最后一英里送货量同比增长7%，为近两年来最快增速[12] - 托管运输业务获得2亿美元以上的新增托管货运量[12] 财务指标 - 公司毛利率为19.0%，同比提升0.4个百分点[6] - 公司2024年第二季度调整后EBITDA利润率为3.0%，同比下降0.9个百分点[37] - 公司2024年上半年调整后EBITDA利润率为2.3%，同比下降1.5个百分点[37] - 公司2024年6月30日现金及现金等价物为7百万美元，较2023年12月31日增加2百万美元[34] - 公司2024年6月30日总资产为18.13亿美元，较2023年12月31日减少0.66%[32] 业务分部表现 - 公司卡车经纪业务收入为5.43亿美元，同比下降2.5%[44] - 公司补充服务业务收入为4.21亿美元，同比下降3.7%[44] - 公司卡车经纪业务毛利率为14.7%，同比下降0.7个百分点[44] - 公司补充服务业务毛利率为23.0%，同比上升1.7个百分点[44] 展望 - 预计第三季度公司整体调整后EBITDA为2800万美元至3400万美元之间，经纪业务毛利率为13%-15%之间[13]

The market expects RXO (RXO) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are better than e ...

RXO (RXO) shares rallied 8.5% in the last trading session to close at $29.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 35.1% gain over the past four weeks.RXO shares have been performing well for quite some time, gaining in excess of 44% in a month's time. Last month RXO  inked a deal with transportation heavyweight United Parcel Service (UPS) to purchase Coyote Logistics from  for more than $1 billion ...

ATLANTA, July 09, 2024 (GLOBE NEWSWIRE) -- Shiplify, the primary accessorial revenue identifier for carriers, shippers and third party logistics (3PL) providers, today announced a strategic partnership with RXO, a leading provider of asset-light transportation solutions. The integration of Shiplify's data with RXO’s proprietary RXO Connect™ platform provides RXO’s less-than-truckload (LTL) customers with accessorial visibility ahead of delivery, improving transparency during the billing process. By leveragi ...

ATLANTA, July 09, 2024 (GLOBE NEWSWIRE) -- Shiplify, the primary accessorial revenue identifier for carriers, shippers and third party logistics (3PL) providers, today announced a strategic partnership with RXO, a leading provider of asset-light transportation solutions. The integration of Shiplify's data with RXO's proprietary RXO Connect™ platform provides RXO's less-than-truckload (LTL) customers with accessorial visibility ahead of delivery, improving transparency during the billing process. By leveragi ...

Shares of RXO Inc. NYSE: RXO are up more than 20% on the week, something investors probably didn’t see coming out of the ‘boring’ transportation sector. This sector is notorious for having a low beta, English for low volatility. RXO stock has a beta below 1.0, meaning the company’s stock price will move less than the daily move in the broader S&P 500 index.RXO TodayRXORXO$27.13 +0.12 (+0.44%) 52-Week Range$16.94▼$28.13Price Target$19.90Add to WatchlistBecause of this quiet behavior, investors need to invest ...

The company is buying the brokerage business of UPS.Freight brokerage RXO (RXO 23.62%) has agreed to buy the Coyote Logistics business of United Parcel Service (UPS 1.48%) for $1.025 billion, a deal that would significantly boost its scale and market share. Investors are going along for the ride, sending RXO shares up more than 20% as of 11:15 a.m. ET.Building scaleUPS bought Coyote in 2015 for $1.8 billion as a way to expand its industrial freight operations, but the unit has never lived comfortably inside ...

Key TakeawaysRXO shares soared in intraday trading Monday, a day after the package delivery firm agreed to buy UPS's freight brokerage unit, Coyote Logistics, for $1.025 billion.RXO said the acquisition would created the third-largest brokered transportation provider in North America, and be immediately accreditive to its adjusted EPS and adjusted free cash flow.UPS explained that the deal would help the company focus more on its core business. RXO (RXO) shares soared in intraday trading Monday, a day after ...