Xos, Inc. (XOS) Reports Q2 Loss, Misses Revenue Estimates

Xos, Inc. (XOS) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $1.94. This compares to loss of $4.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.60%. A quarter ago, it was expected that this company would post a loss of $2.19 per share when it actually produced a loss of $1.80, delivering a surprise of 17.81%. Over the last four quarters, the company has surpassed con ...