Hyliion Holdings Corp. (HYLN) Reports Q4 Loss, Tops Revenue Estimates

Core Viewpoint - Hyliion Holdings Corp. reported a quarterly loss of $0.08 per share, slightly worse than the consensus estimate of a loss of$0.07, but an improvement from a loss of $0.11 per share a year ago [1][2] Financial Performance - The company posted revenues of$1.51 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 201.80%, compared to zero revenues a year ago [2] - The current consensus EPS estimate for the upcoming quarter is -$0.07 on revenues of$0.75 million, and for the current fiscal year, it is -$0.32 on revenues of$21.55 million [7] Stock Performance - Hyliion shares have declined approximately 28.7% since the beginning of the year, contrasting with the S&P 500's gain of 1.7% [3] - The stock currently holds a Zacks Rank of 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Industry Outlook - The Automotive - Original Equipment industry, to which Hyliion belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Hyliion's stock performance [5]