XPENG Q3 Outlook: Revenue RMB8.5B-RMB9.0B Vs $1.34B Est, Up by 24.6%-31.9% YoY, Deliveries of Vehicles of 39K-41K Up 31.9% - 38.7% YoY
Portfolio Pulse from Benzinga Newsdesk
XPENG Inc. has provided its Q3 2023 outlook, expecting vehicle deliveries to be between 39,000 and 41,000, a YoY increase of 31.9% to 38.7%. Total revenues are expected to be between RMB8.5 billion and RMB9.0 billion, a YoY increase of 24.6% to 31.9%. These estimates are based on current market conditions and customer demand, and are subject to change.
August 18, 2023 | 10:05 am
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POSITIVE IMPACT
XPENG's Q3 2023 outlook shows strong growth in vehicle deliveries and revenues, which could positively impact the company's stock price.
XPENG's Q3 2023 outlook shows strong growth in both vehicle deliveries and revenues, indicating a positive business performance. This could lead to increased investor confidence and a potential rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100