Xos's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Xos (NASDAQ:XOS) is set to release its latest quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.11. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of Xos are currently trading at $0.449 and have seen a 79.44% decrease over the last 52-week period.
August 09, 2023 | 4:01 pm
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NEGATIVE IMPACT
Xos is expected to report an EPS of $-0.11 in its upcoming earnings report. The company's history of missing EPS estimates and subsequent share price drops could potentially impact its stock negatively.
Xos has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend and the current estimate of $-0.11 EPS, it is likely that the stock price may be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100