Group 1 - Hyliion Holdings Corp. reported a quarterly loss of $0.10 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.08, marking a 25% earnings surprise [1] - The company generated revenues of $0.49 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 55.55%, compared to zero revenues a year ago [2] - Hyliion shares have declined approximately 31.4% since the beginning of the year, contrasting with the S&P 500's decline of only 0.6% [3] Group 2 - The earnings outlook for Hyliion is mixed, with the current consensus EPS estimate for the upcoming quarter at -$0.09 on revenues of $1.15 million, and -$0.30 on revenues of $12.45 million for the current fiscal year [7] - The Zacks Industry Rank places the Automotive - Original Equipment sector in the bottom 36% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Group 3 - The estimate revisions trend for Hyliion is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Hyliion Holdings Corp. (HYLN) Reports Q1 Loss, Lags Revenue Estimates