Xos Inc expected to post a loss of 12 cents a share - Earnings Preview

Xos

09/05/2023 02:07

* Xos Inc  XOS.OQ   XOS.O  is expected to show a rise in
quarterly
revenue when it reports  results on May 10. 
    * The Los Angeles California-based  company is expected to
report 
a 28.4% increase in revenue to $9.026 million from $7.03 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 12 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
$1.05​, above​ its last closing price of $0.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.11       -0.11      -0.15     Missed  -32.4
 ​​Dec.        -0.13       -0.11      -0.08     Beat    30
 31 2021                                                
 Sep. 30 2021  -0.07       -0.07      -0.09     Missed  -28.6​
 Jun. 30 2021  -0.19       -0.12      -0.25     Missed  -108.3
 Mar. 31 2021  -0.04       -0.04      0.00      Beat    100
 This summary was machine generated May 9 at 01:07 GMT.  All
figures in US dollars  unless otherwise stated