EarningsCoyote earnings have fallen significantly from post-COVID peaks, which was a key factor in the decision to sell it, indicating potential challenges in achieving expected earnings growth.
Market PerformanceLegacy RXO slightly missed 3Q while combined 4Q guide came in materially below expectations as RXO sees buy rate pressures.
ValuationNear term enthusiasm is tempered by valuation and a share price that is already up about 20% YTD, suggesting limited immediate upside.