XOS (XOS) to Release Earnings on Wednesday

XOS (NASDAQ:XOS) is scheduled to release its earnings data after the market closes on Wednesday, May 15th. Analysts expect XOS to post earnings of ($2.19) per share for the quarter. XOS has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

XOS (NASDAQ:XOS) last announced its quarterly earnings results on Thursday, March 21st. The company reported ($2.33) EPS for the quarter, beating the consensus estimate of ($2.40) by $0.07. XOS had a negative return on equity of 115.89% and a negative net margin of 170.35%. The company had revenue of $18.38 million for the quarter, compared to the consensus estimate of $18.50 million. On average, analysts expect XOS to post $-9 EPS for the current fiscal year and $-5 EPS for the next fiscal year.

XOS Trading Down 0.4 %

Shares of XOS stock opened at $7.47 on Wednesday. XOS has a 12 month low of $5.50 and a 12 month high of $19.80. The company has a quick ratio of 1.73, a current ratio of 3.66 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $9.77 and its two-hundred day moving average is $8.81. The company has a market cap of $57.89 million, a PE ratio of -0.57 and a beta of 1.89.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on XOS. DA Davidson upgraded shares of XOS from a “neutral” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Monday, April 1st. Wedbush lifted their price target on shares of XOS to $13.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 16th.

About XOS

Xos, Inc designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks; class 7-8 heavy duty chassis; and Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, medical and dental clinics, blood donation vehicles, and mobile command vehicles.