Xos, Inc. (XOS) Reports Q4 Loss, Lags Revenue Estimates

Xos reported a quarterly loss of $0.86 per share versus the Zacks consensus loss of $0.60, missing by $0.26 (about 43% larger loss than expected). The result compares with a $2.36 per-share loss a year ago, an improvement of $1.50 (roughly a 63.6% narrower loss). The miss to consensus is the primary negative takeaway despite year-over-year improvement.

Analysis

Xos reported a quarterly loss of $0.86 per share versus the Zacks consensus loss of $0.60, missing by $0.26 (about 43% larger loss than expected). The result compares with a $2.36 per-share loss a year ago, an improvement of $1.50 (roughly a 63.6% narrower loss). The miss to consensus is the primary negative takeaway despite year-over-year improvement.