Xpeng Inc reports results for the quarter ended in December - Earnings Summary

Reuters03-19

* Xpeng Inc reported a quarterly adjusted loss of 98 fen​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of CNY-1.38. The lone analyst forecast for the quarter was for a loss of CNY1.87 per share.

* Revenue rose 153.9% to CNY13.05 billion from a year ago; analysts expected CNY13.03 billion.

* The company reported a quarterly loss of CNY1.35 billion.

* Xpeng Inc shares had fallen by 28.6% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 29.9% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 4 "hold" and 5 "sell" or "strong sell."

* Wall Street's median 12-month price target for Xpeng Inc is HK$67.67

This summary was machine generated from LSEG data March 19 at 03:30 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -1.87 -0.98 Beat

Sep. 30 2023 -2.24 -2.25 Missed

Jun. 30 2023 -1.13 -1.63 Missed

Mar. 31 2023 -1.08 -1.36 Missed

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