XPeng Q2 Adj EPADS $(0.18), Inline, Sales $1.12B Miss $1.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
XPeng reported its Q2 financial results with an adjusted EPADS of $(0.18), which was in line with expectations. However, its sales of $1.12 billion missed the estimated $1.13 billion.
August 20, 2024 | 9:36 am
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NEUTRAL IMPACT
XPeng's Q2 earnings report showed an adjusted EPADS of $(0.18), meeting expectations, but sales of $1.12 billion fell short of the $1.13 billion estimate.
The adjusted EPADS was in line with expectations, which is neutral for the stock. The slight miss in sales is not significant enough to cause a major negative impact, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100