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QXO to Report Q3 Earnings: Here's What to Know About the Stock
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Key Takeaways
QXO's Q3 EPS is estimated at 13 cents, down 7.1% year over year, while sales are projected to jump 77.6%.
Kodiak and Beacon are expected to boost sales through broader distribution and product availability.
Higher payroll, warehouse and administrative costs may weigh on earnings despite stronger sales growth.
QXO, Inc.’s (QXO - Free Report) third-quarter 2026 financial results are expected to portray a mixed picture, with earnings declining and net sales growing.
In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 11.1% and declined year over year by 27.3%. On the contrary, net sales topped the consensus mark by 3.1% and increased 70.3% year over year.
QXO’s earnings surpassed estimates in one of the trailing four quarters and missed on the remaining three occasions, with an average negative surprise of 15.3%.
How are Estimates Placed for QXO Stock?
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) has declined over the past 30 days to 13 cents from 14 cents. The estimate indicates a 7.1% year-over-year decline from 14 cents per share.
The consensus estimate for net sales is pegged at $4.85 billion, indicating a 77.6% year-over-year surge from $2.73 billion.
Factors Likely to Have Shaped QXO’s Q3 Performance
The third-quarter performance of QXO is likely to have benefited from the increased contributions from the Kodiak and Beacon acquisitions. Elevated sales volume from the company’s lines of business, including residential and non-residential roofing products, complementary building products and software products and services, is expected to have boosted top-line growth in the quarter.
The company’s broader product availability, distribution footprint and relationships with contractors, upon completing the notable acquisitions, are likely to have supported the sales growth.
Meanwhile, the bottom line of QXO is expected to have declined year over year despite sales growth due to elevated costs incurred to support subsequent businesses to the acquisitions, including payroll and employee benefit costs, warehouse operating costs, and general and administrative costs.
What the Zacks Model Says for QXO
Our proven model does not conclusively predict an earnings beat for QXO this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here, as you will see below.
QXO’s Earnings ESP: The company has an Earnings ESP of -4.76%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
QXO’s Zacks Rank: The stock currently carries a Zacks Rank #4 (Sell).
Here are some companies in the Zacks Business Services sector, which according to our model, have the right combination of elements to post an earnings beat.
NIQ Global Intelligence plc (NIQ - Free Report) currently has an Earnings ESP of +5.93% and a Zacks Rank of 2.
NIQ’s earnings beat estimates in two of the last four quarters and missed on the remaining two occasions, with the average surprise being 1.9%. The company’s earnings for the third quarter of 2026 are expected to surge 700% year over year.
Corpay, Inc. (CPAY - Free Report) currently has an Earnings ESP of +0.83% and a Zacks Rank of 3.
Corpay’s earnings beat estimates in each of the last four quarters, the average surprise being 3.6%. The company’s earnings for the third quarter of 2026 are expected to increase 26.1% year over year.
ESCO Technologies Inc. (ESE - Free Report) has an Earnings ESP of +0.96% and a Zacks Rank of 3.
ESCO’s earnings beat estimates in three of the last four quarters, the average surprise being 9.5%. The company’s earnings for the third quarter of 2026 are expected to improve 11.6% year over year.
View the Zacks #1 Rank List
Image: Bigstock
QXO to Report Q3 Earnings: Here's What to Know About the Stock
Key Takeaways
QXO, Inc.’s (QXO - Free Report) third-quarter 2026 financial results are expected to portray a mixed picture, with earnings declining and net sales growing.
In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 11.1% and declined year over year by 27.3%. On the contrary, net sales topped the consensus mark by 3.1% and increased 70.3% year over year.
QXO’s earnings surpassed estimates in one of the trailing four quarters and missed on the remaining three occasions, with an average negative surprise of 15.3%.
How are Estimates Placed for QXO Stock?
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) has declined over the past 30 days to 13 cents from 14 cents. The estimate indicates a 7.1% year-over-year decline from 14 cents per share.
The consensus estimate for net sales is pegged at $4.85 billion, indicating a 77.6% year-over-year surge from $2.73 billion.
QXO, Inc. Price and EPS Surprise
QXO, Inc. price-eps-surprise | QXO, Inc. Quote
Factors Likely to Have Shaped QXO’s Q3 Performance
The third-quarter performance of QXO is likely to have benefited from the increased contributions from the Kodiak and Beacon acquisitions. Elevated sales volume from the company’s lines of business, including residential and non-residential roofing products, complementary building products and software products and services, is expected to have boosted top-line growth in the quarter.
The company’s broader product availability, distribution footprint and relationships with contractors, upon completing the notable acquisitions, are likely to have supported the sales growth.
Meanwhile, the bottom line of QXO is expected to have declined year over year despite sales growth due to elevated costs incurred to support subsequent businesses to the acquisitions, including payroll and employee benefit costs, warehouse operating costs, and general and administrative costs.
What the Zacks Model Says for QXO
Our proven model does not conclusively predict an earnings beat for QXO this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here, as you will see below.
QXO’s Earnings ESP: The company has an Earnings ESP of -4.76%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
QXO’s Zacks Rank: The stock currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks Poised to Beat Earnings
Here are some companies in the Zacks Business Services sector, which according to our model, have the right combination of elements to post an earnings beat.
NIQ Global Intelligence plc (NIQ - Free Report) currently has an Earnings ESP of +5.93% and a Zacks Rank of 2.
NIQ’s earnings beat estimates in two of the last four quarters and missed on the remaining two occasions, with the average surprise being 1.9%. The company’s earnings for the third quarter of 2026 are expected to surge 700% year over year.
Corpay, Inc. (CPAY - Free Report) currently has an Earnings ESP of +0.83% and a Zacks Rank of 3.
Corpay’s earnings beat estimates in each of the last four quarters, the average surprise being 3.6%. The company’s earnings for the third quarter of 2026 are expected to increase 26.1% year over year.
ESCO Technologies Inc. (ESE - Free Report) has an Earnings ESP of +0.96% and a Zacks Rank of 3.
ESCO’s earnings beat estimates in three of the last four quarters, the average surprise being 9.5%. The company’s earnings for the third quarter of 2026 are expected to improve 11.6% year over year.