RXO: Q2 Earnings Snapshot

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — RXO Inc. (RXO) on Thursday reported a loss of $9 million in its second quarter.

On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, were 6 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

The transportation services provider posted revenue of $1.77 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.54 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RXO at https://www.zacks.com/ap/RXO