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QXO surpassed the Zacks Consensus Estimate for earnings in one of the four quarters and missed thrice, delivering a negative average surprise of 15.3%.
The Zacks Consensus Estimate for revenues is pinned at 4.9 billion, suggesting 77.6% year-over-year growth. The top line is likely to have been supported by strategic buyouts, product portfolio expansion and solidifying market footprint.
The TopBuild buyout is expected to have been the primary revenue driver, expanding the company’s footprint in insulation distribution and installation services across residential, commercial and industrial markets. The rally is anticipated to have been further supported by the acquisition of Kodiak Building Partners, which boosted revenues through its lumber and building materials distribution operations.
Additional support is likely to have come from expanding waterproofing and other building products offerings. QXO’s expanded distribution network, wider customer base and heightened presence at construction job sites are expected to have created sales and cross-selling opportunities.
For earnings, the consensus estimate is pinned at 13 cents per share, suggesting a 7.1% decline from the year-ago quarter’s actual. Higher acquisition-related operating costs and elevated interest expenses are anticipated to have deteriorated the bottom line.
What Our Model Says About 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. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
QXO has an Earnings ESP of -0.79% and a Zacks Rank of 4 (Sell).
Verisk Analytics (VRSK - Free Report) reported third-quarter 2026 adjusted earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.92 by 2.1%. The figure increased 14% from the year-ago quarter.
Revenues of $809 million topped the consensus mark of $806.8 million by 0.3% and rose 5.3% year over year.
Corpay (CPAY - Free Report) posted strong third-quarter 2026 results, with earnings and revenues surpassing the Zacks Consensus Estimate.
CPAY registered adjusted earnings per share of $7.54, rising 32% year over year and beating the Zacks Consensus Estimate of $7.19 by 4.9%. Revenues increased 18% to $1.38 billion, surpassing the consensus mark of $1.36 billion by 1.7%.
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QXO is Set to Report Q3 Earnings: Here's What Investors Should Know
Key Takeaways
QXO (QXO - Free Report) is scheduled to release third-quarter 2026 results on Nov. 12, after market close.
QXO surpassed the Zacks Consensus Estimate for earnings in one of the four quarters and missed thrice, delivering a negative average surprise of 15.3%.
QXO, Inc. Price and EPS Surprise
QXO, Inc. price-eps-surprise | QXO, Inc. Quote
QXO’s Q3 Expectations
The Zacks Consensus Estimate for revenues is pinned at 4.9 billion, suggesting 77.6% year-over-year growth. The top line is likely to have been supported by strategic buyouts, product portfolio expansion and solidifying market footprint.
The TopBuild buyout is expected to have been the primary revenue driver, expanding the company’s footprint in insulation distribution and installation services across residential, commercial and industrial markets. The rally is anticipated to have been further supported by the acquisition of Kodiak Building Partners, which boosted revenues through its lumber and building materials distribution operations.
Additional support is likely to have come from expanding waterproofing and other building products offerings. QXO’s expanded distribution network, wider customer base and heightened presence at construction job sites are expected to have created sales and cross-selling opportunities.
For earnings, the consensus estimate is pinned at 13 cents per share, suggesting a 7.1% decline from the year-ago quarter’s actual. Higher acquisition-related operating costs and elevated interest expenses are anticipated to have deteriorated the bottom line.
What Our Model Says About 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. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
QXO has an Earnings ESP of -0.79% and a Zacks Rank of 4 (Sell).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings Snapshot
Verisk Analytics (VRSK - Free Report) reported third-quarter 2026 adjusted earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.92 by 2.1%. The figure increased 14% from the year-ago quarter.
Revenues of $809 million topped the consensus mark of $806.8 million by 0.3% and rose 5.3% year over year.
Corpay (CPAY - Free Report) posted strong third-quarter 2026 results, with earnings and revenues surpassing the Zacks Consensus Estimate.
CPAY registered adjusted earnings per share of $7.54, rising 32% year over year and beating the Zacks Consensus Estimate of $7.19 by 4.9%. Revenues increased 18% to $1.38 billion, surpassing the consensus mark of $1.36 billion by 1.7%.