Recap: XPeng Q1 Earnings
Portfolio Pulse from Benzinga Insights
XPeng (NYSE:XPEV) reported Q1 earnings with an EPS of $-0.37, missing estimates by 42.31%. Revenue was down $588.69 million from the same period last year.

May 24, 2023 | 10:05 am
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XPeng's Q1 earnings missed estimates with an EPS of $-0.37, a 42.31% miss. Revenue was down $588.69 million YoY.
XPeng's Q1 earnings missed estimates significantly, with an EPS of $-0.37 compared to the expected $-0.26. This 42.31% miss, combined with a decrease in revenue of $588.69 million from the same period last year, is likely to have a negative impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100