Xos Inc expected to post a loss of $1.92 a share - Earnings Preview

Xos

19/03/2024 21:36

* Xos Inc  XOS.OQ   XOS.O  is expected to show a rise in
quarterly
revenue when it reports  results on March 21 for the period
ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 98.9% increase in revenue to $17.047 million from $8.57
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Majority is on Total Revenue
Basis.)
    * ​LSEG's mean analyst estimate for Xos Inc is for a loss of
$1.92
per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
$17.00​, above​ its last closing price of $12.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -2.31       -2.91      -2.40     Beat    17.5
 Jun. 30 2023  -3.39       -3.36      -4.20     Missed  -25
 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.        -4.47       -4.35      -4.20     Beat    3.4
 30 2022                                                
 Jun. 30 2022  -4.32       -4.30      -1.80     Beat    58.1​
 Mar. 31 2022  -3.27       -3.40      -4.50     Missed  -32.4
 Dec. 31 2021  -3.81       -3.43      -2.40     Beat    30
 This summary was machine generated March 19 at 21:36 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)