Exro Technologies Inc. (EXROF) Reports Q2 Loss, Misses Revenue Estimates

Company Performance - Exro Technologies Inc. reported a quarterly loss of $0.03 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.02, representing an earnings surprise of -50.00% [1] - The company posted revenues of $2.1 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 57.78%, and a decline from $3.85 million in the same quarter last year [2] - Over the last four quarters, Exro Technologies has not surpassed consensus EPS estimates and has topped revenue estimates only once [2] Stock Performance - Exro Technologies shares have declined approximately 40.2% since the beginning of the year, contrasting with a 10% gain in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $5.98 million, and for the current fiscal year, it is -$0.09 on revenues of $20.45 million [7] Industry Outlook - The Zacks Industry Rank for Electronics - Miscellaneous Products, which includes Exro Technologies, is currently in the bottom 33% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Exro's stock performance [5]