Xos, Inc. (XOS) Reports Q1 Loss, Misses Revenue Estimates

Financial Performance - Xos, Inc. reported a quarterly loss of $1.26 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.09, and an improvement from a loss of $1.80 per share a year ago [1] - The company posted revenues of $5.88 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 42.27%, and down from $13.16 million in the same quarter last year [2] - Over the last four quarters, Xos has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates [2] Stock Performance - Xos shares have increased approximately 21.6% since the beginning of the year, significantly outperforming the S&P 500, which gained only 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.98 on revenues of $12.97 million, and for the current fiscal year, it is -$3.97 on revenues of $57.6 million [7] Industry Outlook - The Automotive - Domestic industry, to which Xos belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Xos stock may be influenced by the overall outlook for the industry, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] Earnings Outlook - The estimate revisions trend for Xos is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - Future earnings expectations and management's commentary during the earnings call will be crucial for determining the sustainability of the stock's price movement [3][4]