Xos Inc expected to post a loss of $1.35 a share - Earnings Preview

reuters11-12 11:47
Xos Inc <xos.oq> expected to post a loss of $1.35 a share - Earnings Preview </xos.oq>
  • Xos Inc XOS.OQ XOS.O is expected to show a rise in quarterly revenue when it reports results on November 13 for the period ending September 30 2024

  • The Los Angeles California-based company is expected to report a 36.6% increase in revenue to $22.802 million from $16.7 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Xos Inc is for a loss of $1.35 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 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 12.00​, above​ its last closing price of $5.00. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jan. 1 0001

-1.99

-1.99

-1.02

Beat

48.7

Jan. 1 0001

-2.27

-2.25

-1.80

Beat

20.1

Jan. 1 0001

-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. 31 2023

-3.33

-3.57

-4.20

Missed

-17.6​

Dec. 31 2022

-4.80

-4.20

-3.60

Beat

14.3

Sep. 30 2022

-4.47

-4.35

-4.20

Beat

3.4

This summary was machine generated November 12 at 03:47 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)

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