Earnings Preview: Xos
Portfolio Pulse from Benzinga Insights
Xos, Inc. (NASDAQ:XOS) is scheduled to release its quarterly earnings report on March 21, 2024. Analysts predict an EPS of $-1.92. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Shares are currently trading at $12.0, down 18.06% over the last year. Investors are keenly awaiting the report and guidance for future quarters.
March 20, 2024 | 5:01 pm
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Xos, Inc. is expected to report an EPS of -$1.92 for the latest quarter. Historical performance shows significant price movements post-earnings, with a notable 30.9% increase after last quarter's beat.
Given Xos's history of price volatility post-earnings, the upcoming report could sway the stock in either direction. However, the anticipation of guidance for future growth and the recent downward trend in stock price make the short-term impact uncertain.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100