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Stock impact report

Xos, Inc. (XOS) Reports Q3 Loss, Misses Revenue Estimates [Yahoo! Finance]

Xos, Inc. (XOS) 
Company Research Source: Yahoo! Finance
This compares to loss of $2.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.04%. A quarter ago, it was expected that this company would post a loss of $1.94 per share when it actually produced a loss of $1.23, delivering a surprise of 36.60%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Xos , which belongs to the Zacks Automotive - Domestic industry, posted revenues of $15.79 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 28.67%. This compares to year-ago revenues of $16.7 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Xos shares have lost about 35.6% si Show less Read more
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