Xos Inc reports results for the quarter ended in December - Earnings Summary

Xos

29/03/2023 22:02

* Xos Inc  XOS.OQ  reported a quarterly adjusted loss of 12
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 14
cents per share.
    * Revenue rose 159.6% to $8.57 million from a year ago;
analysts
expected $12.32 million. 
    * Xos Inc's reported EPS for the quarter was a loss of 12
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Xos Inc shares had risen by 15.0% this quarter.
    * The company reported a quarterly loss of $19.69 million.
    * Wall Street's median 12-month price target for Xos Inc is
$2.45 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 29 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.12          Beat
 Sep. 30 2022      -0.14          -0.14          Met
 Jun. 30 2022      -0.14          -0.06          Beat
 Mar. 31 2022      -0.11          -0.15          Missed