Xpeng Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-19 22:30

* Xpeng Inc reported a quarterly adjusted loss of 95 fen​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of CNY-2.25. The lone analyst forecast for the quarter was for a loss of 72 fen per share.

* Revenue rose 18.4% to CNY10.10 billion from a year ago; analysts expected CNY10.09 billion.

* The company reported a quarterly loss of CNY1.81 billion.

* Xpeng Inc shares had fallen by 5.2% this quarter and lost 11.5% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 60% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."

* The average consensus recommendation for the auto & truck manufacturers peer group is also "buy"

Wall Street's median 12-month price target for Xpeng Inc is HK$57.00 This summary was machine generated from LSEG data November 19 at 02:30 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

Sep. 30 2024 -0.72 -0.95 Missed

Jun. 30 2024 -0.60 -0.68 Missed

Mar. 31 2024 -0.95 -0.73 Beat

Dec. 31 2023 -1.87 -0.75 Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment