Earnings PerformanceRXO's 1Q was a sizeable miss and while 2Q was a relative step up, it likely falls short of expectations as well.
Market EnvironmentConsidering increased economic uncertainty on top of an already soft trucking environment, analyst is incrementally cautious on RXO's volume trajectory.
Revenue PerformanceRevenue was $1.43 billion, up 57% year-year, but $52 million below target.