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 reflects the company's ability to increase sales and expand its market presence, which is essential for sustaining investor confidence.

N/A

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 crucial role in supply chain management, which is vital for various industries as they navigate post-pandemic recovery and changing consumer demands.

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, falling short of expectations by 29%. The stock reacted negatively, dropping 3.80% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about QXO's upcoming earnings, given the company's past performance and the current market conditions.

Bull Case

If QXO can demonstrate improved operational efficiency and better-than-expected revenue growth, it could signal a turnaround, boosting investor confidence.

Bear Case

Conversely, if the company continues to report losses or fails to show significant revenue growth, it could lead to further declines in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

Given the company's recent struggles with profitability, this number will be crucial in assessing whether QXO is on a path to recovery.

How does QXO plan to address revenue growth challenges?

Investors will be looking for concrete strategies or commitments that could drive future sales and improve overall performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating QXO's potential for a turnaround, especially given recent operational adjustments that have not yet been reflected in analyst expectations.

Supporting Evidence

The options market is pricing a 23.9% move, suggesting that traders expect significant volatility, which could indicate underlying confidence.

Despite recent losses, QXO's historical EPS beat rate of 67% suggests that the company has the potential to surprise positively.

Key Risk

If QXO reports an EPS above $0.05, it could challenge the current bearish sentiment and shift the narrative.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it follows a series of disappointing earnings, and investors are keen to see if the company can turn things around.

Bull Confirmed If

An EPS of $0.05 or better would confirm the bull case, indicating a strong rebound in profitability.

Bear Confirmed If

An EPS of -$0.10 or worse would confirm the bear case, suggesting ongoing financial difficulties.

Pre-Earnings Positioning

Options Market

Implied Move

±23.9%

Historical Avg

±2.9%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings announcement.

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)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Industrials

n=30

Fade rate: 12 of 30 (40%)

This setup has occurred 30 times across Industrials in the last 2 years. 12 of 30 faded and 18 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 6.4%, with a raw directional average of +1.4% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If QXO beats expectations, history suggests a potential stock increase of around 1.38%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline of approximately 3.77%, reinforcing concerns about the company's financial health.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost-cutting measures and their expected impact on profitability.
2Details on new contracts or partnerships that could drive revenue growth.
3Management's outlook on market conditions and how they plan to navigate challenges.
4Insights into inventory management and supply chain efficiencies.
5Any commentary on customer demand trends and how they are adapting to changes.

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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 reflects the company's ability to increase sales and expand its market presence, which is essential for sustaining investor confidence.

N/A

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, falling short of expectations by 29%. The stock reacted negatively, dropping 3.80% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about QXO's upcoming earnings, given the company's past performance and the current market conditions.

Bull Case

If QXO can demonstrate improved operational efficiency and better-than-expected revenue growth, it could signal a turnaround, boosting investor confidence.

Bear Case

Conversely, if the company continues to report losses or fails to show significant revenue growth, it could lead to further declines in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

Given the company's recent struggles with profitability, this number will be crucial in assessing whether QXO is on a path to recovery.

How does QXO plan to address revenue growth challenges?

Investors will be looking for concrete strategies or commitments that could drive future sales and improve overall performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating QXO's potential for a turnaround, especially given recent operational adjustments that have not yet been reflected in analyst expectations.

Supporting Evidence

The options market is pricing a 23.9% move, suggesting that traders expect significant volatility, which could indicate underlying confidence.

Despite recent losses, QXO's historical EPS beat rate of 67% suggests that the company has the potential to surprise positively.

Key Risk

If QXO reports an EPS above $0.05, it could challenge the current bearish sentiment and shift the narrative.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it follows a series of disappointing earnings, and investors are keen to see if the company can turn things around.

Bull Confirmed If

An EPS of $0.05 or better would confirm the bull case, indicating a strong rebound in profitability.

Bear Confirmed If

An EPS of -$0.10 or worse would confirm the bear case, suggesting ongoing financial difficulties.

Pre-Earnings Positioning

Options Market

Implied Move

±23.9%

Historical Avg

±2.9%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings announcement.

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)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Industrials

n=30

Fade rate: 12 of 30 (40%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If QXO beats expectations, history suggests a potential stock increase of around 1.38%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline of approximately 3.77%, reinforcing concerns about the company's financial health.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost-cutting measures and their expected impact on profitability.
2Details on new contracts or partnerships that could drive revenue growth.
3Management's outlook on market conditions and how they plan to navigate challenges.
4Insights into inventory management and supply chain efficiencies.
5Any commentary on customer demand trends and how they are adapting to changes.