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

Xos, Inc. (XOS) came out with a quarterly loss of $1.26 per share versus the Zacks Consensus Estimate of a loss of$ 1.09. This compares to loss of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.60%. A quarter ago, it was expected that this company would post a loss of$ 1.13 per share when it actually produced a loss of $2.36, delivering a surprise of -108.85%.Over the last four quarters, the company has surpassed co ...