Xos Inc expected to post a loss of $1.99 a share - Earnings Preview

Xos

09/08/2024 22:17

* Xos Inc  XOS.OQ   XOS.O  is expected to show a rise in
quarterly
revenue when it reports  results on August 13 for the period
ending June 30 2024
    * The Los Angeles California-based  company is expected to
report
a 248.0% increase in revenue to $16.543 million from $4.75
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Xos Inc is for a loss of
$1.99
per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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
$16.50​, above​ its last closing price of $5.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -2.27       -2.25      -1.80     Beat    20.1
 Dec. 31 2024  -1.44       -1.92      -2.33     Missed  -21.2
 Sep. 30 2023  -2.31       -2.91      -2.40     Beat    17.5​
 Jun. 30 2023  -3.39       -3.36      -4.20     Missed  -25
 ​​Mar.        -3.33       -3.57      -4.20     Missed  -17.6
 31 2023                                                
 Jan. 1 0001   -4.80       -4.20      -3.60     Beat    14.3​
 Sep. 30 2022  -4.47       -4.35      -4.20     Beat    3.4
 Jun. 30 2022  -4.32       -4.30      -1.80     Beat    58.1
 This summary was machine generated August 9 at 21:17 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)