EHang Holdings Q2 2024 Adj. EPS $0.00 Beats $(0.12) Estimate, Sales $14.038M Beat $12.585M Estimate
Portfolio Pulse from Benzinga Newsdesk
EHang Holdings reported Q2 2024 earnings of $0.00 per share, surpassing the expected $(0.12). Sales reached $14.038M, exceeding the $12.585M estimate and marking a 917.25% increase from the previous year.
August 22, 2024 | 8:05 am
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EHang Holdings reported better-than-expected Q2 2024 results with EPS of $0.00, beating the $(0.12) estimate, and sales of $14.038M, surpassing the $12.585M estimate. This represents a significant 917.25% increase in sales from the previous year.
EHang Holdings' Q2 2024 earnings report shows a significant improvement over analyst expectations, with EPS beating estimates by 101.67% and sales exceeding forecasts by 11.55%. The substantial year-over-year sales growth of 917.25% is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100