EHang Holdings Q1 2024 Adj EPADS $(0.02) Beats $(0.09) Estimate, Sales $8.549M Beat $6.868M Estimate
Portfolio Pulse from Benzinga Newsdesk
EHang Holdings (NASDAQ:EH) reported Q1 2024 adjusted EPADS of $(0.02), significantly beating the analyst estimate of $(0.09). The company also reported sales of $8.549 million, surpassing the $6.868 million estimate and marking a 164.43% increase from the same period last year.
May 20, 2024 | 8:21 am
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EHang Holdings reported better-than-expected Q1 2024 results with an adjusted EPADS of $(0.02) beating the $(0.09) estimate and sales of $8.549 million surpassing the $6.868 million estimate. This represents a 164.43% increase in sales compared to the same period last year.
The significant beat on both earnings and revenue estimates, along with a substantial year-over-year sales increase, is likely to positively impact EHang Holdings' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100