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QXO Inc (QXO)
NYSE:QXO
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
-9.93Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 61.99%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Beacon's strong fourth quarter performance and strategic initiatives leading to record results. However, the company faced notable challenges, including weather-related sales impacts and market headwinds. While Beacon has plans to sustain growth and manage costs, the uncertain market conditions present ongoing risks.Company Guidance
In the fourth quarter of fiscal year 2024, Beacon achieved record net sales of $2.4 billion, representing a year-over-year increase of approximately 3% driven by acquisitions. The company's adjusted EBITDA reached $223 million, supported by an increase in average selling prices and a strategic focus on operating efficiency. Beacon also generated nearly $360 million in cash flow, facilitating investments in growth initiatives like greenfield locations and acquisitions. Gross margin remained strong at 25.7%, with adjusted operating expenses totaling $434 million, marking a 20 basis point increase to 18% of sales. The company's bottom quintile branch initiative added more than $7 million in EBITDA year-over-year, while digital sales grew by 20%, reaching 16% of total sales. Additionally, the private label TRI-BUILT brand saw a 7% sales increase. Beacon's strategic focus on operational excellence and shareholder value was evident in its continued share repurchase program, retiring over 2.4 million shares throughout the year.Record Fourth Quarter Results
Beacon set fourth quarter records for net sales, adjusted EBITDA, and cash flow. Sales per day increased approximately 3% year-over-year to $2.4 billion, driven by recent acquisitions.
Strong Cash Flow Management
Fourth quarter cash flow reached nearly $360 million, enabling investments in growth initiatives such as greenfield locations and acquisitions.
Operational Excellence and Cost Savings
The company achieved significant operational efficiencies, contributing to a 6% year-over-year increase in sales per hour worked and $30 million in expected cost savings for 2025.
Digital Sales Growth
Digital sales rose approximately 20% year-over-year, contributing to a nearly 200 basis point improvement in digital sales as a percentage of total sales.
Acquisitions and Share Buybacks
In 2024, Beacon completed 12 acquisitions, contributing over $400 million to net sales, and repurchased over 2.4 million shares, demonstrating a commitment to shareholder returns.
QXO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QXO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $13.89 | $13.87 | -0.14% |
Mar 04, 2025 | $12.35 | $12.81 | +3.72% |
Nov 13, 2024 | $16.22 | $15.26 | -5.92% |
Aug 14, 2024 | $10.95 | $10.75 | -1.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does QXO Inc (QXO) report earnings?
QXO Inc (QXO) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is QXO Inc (QXO) earnings time?
QXO Inc (QXO) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QXO EPS forecast?
QXO EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.