Equity Profile

QXO

QXO, Inc.

IndustrialsTrading Companies & Distributors$14.4B

Aug13Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

QXO, Inc. operates in the industrials sector, focusing on trading and distribution....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth is essential for understanding how well QXO is performing in the market compared to expectations.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

QXO Q2-2026 Earnings Preview

Context

Company Snapshot

QXO, Inc. operates in the industrials sector, focusing on trading and distribution. With a market cap of $14 billion, the company plays a vital role in supply chain management, which is crucial for various industries, especially in a recovering economy.

Earnings Scorecard·Last 6Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+58.91%

Avg Stock Reaction

-0.33%

Last Quarter Recap

In Q1-2026, QXO reported an EPS of -$0.12, missing estimates by 29%. The stock fell 3.80% the following day, reflecting investor disappointment.

Management Promises & Guidance

Focus on improving operational efficiency.
Commitment to enhancing supply chain resilience.
Plans to explore new market opportunities.

Expectations

Wall Street Expectations

Investors are cautious ahead of QXO's earnings report, given the company's recent performance and lack of analyst estimates.

Bull Case

If QXO can show a significant turnaround in EPS and revenue growth, it could restore investor confidence and lead to a positive stock reaction.

Bear Case

Conversely, if the company reports another loss or disappointing revenue, it may further erode trust and lead to a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q2-2026?

Given the company's recent history of missing EPS estimates, this figure will be crucial for assessing future performance.

How is QXO addressing supply chain challenges?

With ongoing global supply chain issues, the company's strategy to mitigate these risks will be vital for its operational success.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating QXO's potential for a rebound, as recent operational changes could lead to improved efficiency and profitability.

Supporting Evidence

The company's commitment to enhancing supply chain resilience could yield better-than-expected results.

Historical patterns show that QXO has a 67% EPS beat rate, suggesting potential upside.

Options pricing indicates a significant move, reflecting uncertainty that could favor a positive surprise.

Key Risk

If the EPS comes in above $0.05, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it follows a trend of disappointing earnings, and investors are looking for signs of recovery.

Bull Confirmed If

A positive EPS surprise of $0.05 or more would confirm the bull case.

Bear Confirmed If

An EPS loss greater than $0.15 would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±23.9%

Historical Avg

±2.9%

Pricing rich

The options market is pricing in a significant move, indicating heightened uncertainty around the earnings report.

Options are pricing ±23.9% while QXO has averaged ±2.9% over the last 6 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

60.8%

Calls (614K)P/C Ratio: 0.83Puts (197K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If QXO beats expectations, history suggests the stock could rise by around 1.38%, confirming a positive turnaround.

In-Line / Cautious

An in-line report may lead to a muted response, with the stock potentially moving sideways as investors await further clarity.

Miss

If QXO misses expectations, history suggests a decline of about 3.77%, which could further shake investor confidence.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on cost-cutting measures and their impact on margins.
2Updates on new market opportunities and partnerships.
3Any commentary on supply chain improvements and their effectiveness.
4Guidance on future revenue expectations and growth strategies.
5Insights into customer demand trends and market conditions.

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More Earnings This Week

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Company Snapshot

QXO, Inc. operates in the industrials sector, focusing on trading and distribution....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth is essential for understanding how well QXO is performing in the market compared to expectations.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

QXO Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 6Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+58.91%

Avg Stock Reaction

-0.33%

Last Quarter Recap

In Q1-2026, QXO reported an EPS of -$0.12, missing estimates by 29%. The stock fell 3.80% the following day, reflecting investor disappointment.

Management Promises & Guidance

Focus on improving operational efficiency.
Commitment to enhancing supply chain resilience.
Plans to explore new market opportunities.

Expectations

Wall Street Expectations

Investors are cautious ahead of QXO's earnings report, given the company's recent performance and lack of analyst estimates.

Bull Case

If QXO can show a significant turnaround in EPS and revenue growth, it could restore investor confidence and lead to a positive stock reaction.

Bear Case

Conversely, if the company reports another loss or disappointing revenue, it may further erode trust and lead to a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q2-2026?

Given the company's recent history of missing EPS estimates, this figure will be crucial for assessing future performance.

How is QXO addressing supply chain challenges?

With ongoing global supply chain issues, the company's strategy to mitigate these risks will be vital for its operational success.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating QXO's potential for a rebound, as recent operational changes could lead to improved efficiency and profitability.

Supporting Evidence

The company's commitment to enhancing supply chain resilience could yield better-than-expected results.

Historical patterns show that QXO has a 67% EPS beat rate, suggesting potential upside.

Options pricing indicates a significant move, reflecting uncertainty that could favor a positive surprise.

Key Risk

If the EPS comes in above $0.05, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it follows a trend of disappointing earnings, and investors are looking for signs of recovery.

Bull Confirmed If

A positive EPS surprise of $0.05 or more would confirm the bull case.

Bear Confirmed If

An EPS loss greater than $0.15 would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±23.9%

Historical Avg

±2.9%

Pricing rich

The options market is pricing in a significant move, indicating heightened uncertainty around the earnings report.

Options are pricing ±23.9% while QXO has averaged ±2.9% over the last 6 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

60.8%

Calls (614K)P/C Ratio: 0.83Puts (197K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If QXO beats expectations, history suggests the stock could rise by around 1.38%, confirming a positive turnaround.

In-Line / Cautious

An in-line report may lead to a muted response, with the stock potentially moving sideways as investors await further clarity.

Miss

If QXO misses expectations, history suggests a decline of about 3.77%, which could further shake investor confidence.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on cost-cutting measures and their impact on margins.
2Updates on new market opportunities and partnerships.
3Any commentary on supply chain improvements and their effectiveness.
4Guidance on future revenue expectations and growth strategies.
5Insights into customer demand trends and market conditions.