QXO reports Q3 EPS 14c, consensus 13c

Reports Q3 revenue $2.73B, consensus $2.74B. Brad Jacobs, chairman and chief executive officer of QXO (QXO), said, “We’re making excellent progress optimizing Beacon and continue to find new avenues for growth. We outperformed the market this quarter and are firmly on track to organically grow legacy Beacon’s EBITDA to more than $2 billion. This momentum, combined with a very robust acquisition pipeline, primes us to reach $50 billion in annual revenue within a decade.”