Xos (NASDAQ: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.