XPeng Expects Q2 Revenue Of $657.7M-$686.9M Vs Consensus Of $1000M
Portfolio Pulse from Benzinga Newsdesk
XPeng Inc. expects Q2 revenue to be between $657.7M and $686.9M, significantly lower than the consensus estimate of $1000M.
May 24, 2023 | 10:07 am
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NEGATIVE IMPACT
XPeng's Q2 revenue forecast is significantly lower than the consensus estimate, potentially impacting its stock price.
XPeng's Q2 revenue forecast is considerably lower than the consensus estimate, which could lead to a negative market reaction and a decline in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100