XPeng Q4 Adj EPADS $(0.28) Beats $(0.46) Estimate, Sales $1.84B Miss $1.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
XPeng (NYSE:XPEV) reported Q4 adjusted EPS of $(0.28), surpassing the $(0.46) estimate, marking a 39.13% beat and a 24.32% improvement year-over-year. However, its sales of $1.84B fell short of the $1.86B estimate by 1.18%, despite a 146.63% increase from the previous year.
March 19, 2024 | 10:02 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
XPeng reported a Q4 adjusted EPS of $(0.28), beating estimates and showing a year-over-year improvement, but missed sales estimates with $1.84B against the expected $1.86B.
The mixed results with an earnings beat but a slight miss on sales forecasts could lead to neutral market sentiment in the short term. The significant year-over-year growth in sales and improvement in EPS could be seen positively, but the miss on sales estimates might temper optimism.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100