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Recap: XL Fleet Q2 Earnings

Author: Benzinga Insights | August 09, 2022 05:33pm

 

XL Fleet (NYSE:XL) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

XL Fleet beat estimated earnings by 47.06%, reporting an EPS of $-0.09 versus an estimate of $-0.17.

Revenue was down $684 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 9.68% drop in the share price the next day.

Here's a look at XL Fleet's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.17 -0.11 -0.10 -0.05
EPS Actual -0.08 -0.11 -0.11 -0.08
Revenue Estimate 5.60M 5.20M 4.94M 4.40M
Revenue Actual 4.76M 8.03M 3.20M 3.69M

To track all earnings releases for XL Fleet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: XL

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