Investing.com - XL Fleet reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
XL Fleet announced earnings per share of $-0.150 on revenue of $8.4M. Analysts polled by Investing.com anticipated EPS of $-0.170 on revenue of $5.83M.
XL Fleet shares are up 4.35% from the beginning of the year, still down 87.30% from its 52 week high of $6.38 set on November 23, 2021.
XL Fleet follows other major Consumer Discretionary sector earnings this month
XL Fleet's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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