Xos Inc expected to post a loss of $1.35 a share - Earnings Preview

Xos

12/11/2024 03:47

* Xos Inc  XOS.OQ   XOS.O  is expected to show a rise in
quarterly
revenue when it reports  results on November 13 for the period
ending September 30 2024
    * The Los Angeles California-based  company is expected to
report
a 36.6% increase in revenue to $22.802 million from $16.7
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Xos Inc is for a loss of
$1.35
per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Xos Inc is
12.00​, above​ its last closing price of $5.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -1.99       -1.99      -1.02     Beat    48.7
 Jan. 1 0001   -2.27       -2.25      -1.80     Beat    20.1
 Jan. 1 0001   -1.44       -1.92      -2.33     Missed  -21.2​
 Sep. 30 2023  -2.31       -2.91      -2.40     Beat    17.5
 ​​Jun.        -3.39       -3.36      -4.20     Missed  -25
 30 2023                                                
 Mar. 31 2023  -3.33       -3.57      -4.20     Missed  -17.6​
 Dec. 31 2022  -4.80       -4.20      -3.60     Beat    14.3
 Sep. 30 2022  -4.47       -4.35      -4.20     Beat    3.4
 This summary was machine generated November 12 at 03:47 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)