ZEEKR Intelligent Tech Q2 2024 Adj. EPS $(0.75) Beats $(1.40) Estimate, Sales $2.757B Beat $2.603B Estimate
Portfolio Pulse from Benzinga Newsdesk
ZEEKR Intelligent Tech reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.75), beating the estimate of $(1.40), and sales of $2.757 billion, surpassing the expected $2.603 billion.
August 21, 2024 | 5:07 am
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POSITIVE IMPACT
ZEEKR Intelligent Tech's Q2 2024 results exceeded expectations with a smaller-than-expected loss per share and higher sales, which could positively influence its stock price.
The company's adjusted EPS and sales both exceeded analyst estimates, indicating better-than-expected financial performance. This positive surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100