Recap: Xos Q4 Earnings

Xos XOS reported its Q4 earnings results on Thursday, March 21, 2024 at 04:00 PM.

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

Earnings

Xos missed estimated earnings by -21.0%, reporting an EPS of $-2.33 versus an estimate of $-1.92.

Revenue was up $9.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.6 which was followed by a 31.0% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -3 -3.3 -3.6 -4.2
EPS Actual -2.4 -4.2 -4.2 -3
Revenue Estimate 13.28M 11.35M 9.03M 12.32M
Revenue Actual 16.70M 4.75M 4.70M 8.57M

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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