Xos: Q1 Earnings Insights

Xos XOS reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Xos missed estimated earnings by 16.67%, reporting an EPS of $-0.14 versus an estimate of $-0.12.

Revenue was down $2.33 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 0.92% drop in the share price the next day.

Here's a look at Xos's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	-0.14	-0.14	-0.11
EPS Actual	-0.10	-0.14	-0.06	-0.11
Revenue Estimate	12.32M	10.31M	10.04M	5.28M
Revenue Actual	8.57M	11.01M	9.77M	7.03M

To track all earnings releases for Xos visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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