XOS (XOS) Expected to Announce Quarterly Earnings on Thursday

XOS (NASDAQ:XOS) is expected to be issuing its quarterly earnings data before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($1.13) per share and revenue of $20.89 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

XOS Trading Up 0.9 %

Shares of NASDAQ XOS opened at $3.46 on Thursday. XOS has a twelve month low of $2.92 and a twelve month high of $13.37. The stock has a 50 day moving average of $3.60 and a two-hundred day moving average of $4.09. The stock has a market cap of $27.78 million, a P/E ratio of -0.52 and a beta of 1.67.

Wall Street Analyst Weigh In

XOS has been the subject of a number of research reports. Northland Securities reiterated a “market perform” rating and issued a $5.00 price objective (down previously from $9.00) on shares of XOS in a research note on Monday, November 25th. Northland Capmk cut XOS from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, XOS has an average rating of “Moderate Buy” and an average target price of $10.25.

XOS Company Profile

Xos, Inc is an electric mobility company engaged in manufacturing electric trucks. The firm designs and develops fully electric battery mobility systems specifically for commercial fleets. The company was founded by Dakota Semler and Giordano Sordoni on July 29, 2020 and is headquartered in Los Angeles, CA.