Xos Inc reports results for the quarter ended June 30 - Earnings Summary
Xos Inc reports results for the quarter ended June 30 - Earnings Summary
Xos Inc XOS.OQ reported a quarterly adjusted loss of 55 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -91 cents. The mean expectation of two analysts for the quarter was for a loss of 59 cents per share. Wall Street expected results to range from -66 cents to -53 cents per share.
Revenue fell 74.2% to $4.74 million from a year ago; analysts expected $14.30 million.
Xos Inc's reported EPS for the quarter was a loss of 55 cents.
The company reported a quarterly loss of $6.89 million.
Xos Inc shares had fallen by 12.9% this quarter and gained 45.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is also "buy"
Wall Street's median 12-month price target for Xos Inc is $4.00, about 34.3% above its last closing price of $2.63
This summary was machine generated from LSEG data August 13 at 09:54 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.59 | -0.55 | Beat |
Mar. 31 2026 | -0.71 | -0.43 | Beat |
Dec. 31 2025 | -0.67 | -0.90 | Missed |
Sep. 30 2025 | -0.88 | -0.74 | Beat |
Recent news on Xos
See all newsBrief: Xos - Announces Follow-On Order For Three Xos Hub Systems From Xcel Energy
Xos Inc reports results for the quarter ended June 30 - Earnings Summary
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