Xpeng Inc expected to post a loss of CNY1.71 a share - Earnings Preview

Reuters
2024-11-15
Xpeng Inc <xpev.n> expected to post a loss of CNY1.71 a share - Earnings Preview </xpev.n>
  • Xpeng Inc XPEV.N, XPEV.K is expected to show a rise in quarterly revenue when it reports results on November 19 for the period ending September 30 2024

  • The Guangzhou Guangdong-based company is expected to report a 14.5% increase in revenue to CNY9.769 billion from CNY8.53 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on August 20 2024, for the period ended September 30, was for revenue between CNY9.10 billion and CNY9.80 billion.

  • ​LSEG's mean analyst estimate for Xpeng Inc is for a loss of CNY1.71 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Xpeng Inc is $12.00​, below​ its last closing price of $12.63. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-1.22

-1.26

-1.36

Missed

-8.2

Mar. 31 2024

-1.92

-1.94

-1.45

Beat

25.2

Jan. 1 0001

-3.74

-3.27

-1.51

Beat

53.9​

Sep. 30 2023

-3.89

-3.92

-4.49

Missed

-14.5

​​Jun. 30 2023

-2.07

-2.33

-3.25

Missed

-39.2

Mar. 31 2023

-1.87

-1.92

-2.71

Missed

-41​

Dec. 31 2022

-2.65

-2.45

-2.76

Missed

-12.7

Sep. 30 2022

-2.87

-2.55

-2.77

Missed

-8.4

This summary was machine generated November 15 at 13:35 GMT. 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)

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