Xos Inc expected to post a loss of 11 cents a share - Earnings Preview

Xos

09/08/2023 03:06

* Xos Inc  XOS.OQ   XOS.O  is expected to show a rise in
quarterly
revenue when it reports  results on August 10. 
    * The Los Angeles California-based  company is expected to
report 
a 16.3% increase in revenue to $11.355 million from $9.77
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Xos Inc is for a
loss
of 11 cents 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 1 "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
$1​,
above​ its last closing price of $0.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.11       -0.12      -0.14     Missed  -17.6
 Dec. 31 2023  -0.16       -0.14      -0.12     Beat    14.3
 Sep. 30 2022  -0.15       -0.14      -0.14     Met     3.4​
 Jun. 30 2022  -0.14       -0.14      -0.06     Beat    58.1
 ​​Mar.        -0.11       -0.11      -0.15     Missed  -32.4
 31 2022                                                
 Dec. 31 2021  -0.13       -0.11      -0.08     Beat    30​
 Sep. 30 2021  -0.07       -0.07      -0.09     Missed  -28.6
 Jun. 30 2021  -0.19       -0.12      -0.25     Missed  -108.3
 This summary was machine generated August 9 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated