Streetbeat News

Revenues

NIO

NIO reported the delivery of 20,498 vehicles in July 2024, with a year-to-date total of 107,924 vehicles, marking a 43.9% increase year-over-year. The deliveries included 11,964 premium smart electric SUVs and 8,534 premium smart electric sedans. Cumulative deliveries reached 557,518 as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:32 am

XPEV

XPeng Inc. (NYSE:XPEV) reported delivering 11,145 Smart EVs in July 2024, marking a 1% year-over-year and 4% month-over-month increase. The company has delivered 63,173 Smart EVs in the first seven months of 2024, a 20% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:22 am

LAD

Lithia Motors reported Q2 2024 adjusted EPS of $7.87, beating the estimate of $7.03. However, sales were $9.232 billion, missing the estimate of $9.332 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:08 am

TAL

TAL Education (NYSE:TAL) reported Q1 2025 adjusted EPS of $0.05, significantly beating the analyst estimate of $(0.01). The company also reported sales of $414.187 million, surpassing the $394.198 million estimate and marking a 50.37% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:02 am

LI

Chinese EV maker Li Auto (NASDAQ:LI) delivered a record 51,000 vehicles in July, marking a 49.4% year-over-year increase and a nearly 7% rise from June. The Li L6 SUV contributed significantly to this growth, with over 20,000 units sold.

Portfolio Pulse from Anan Ashraf

August 01, 2024 | 8:55 am

EWU

The U.K. Manufacturing Purchasing Managers Index (PMI) for July came in at 52.1, surpassing the estimated 51.8 and the prior month's 50.9. This indicates an expansion in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:54 am

LI

Li Auto Inc. (NASDAQ: LI) delivered 51,000 vehicles in July 2024, marking a 49.4% year-over-year increase and setting a new monthly delivery record. The company's total deliveries for 2024 reached 239,981, with cumulative deliveries hitting 873,345 as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:33 am

HLN

Haleon has reiterated its FY24 organic revenue growth forecast of 4%-6% and expects high-single digit growth in organic operating profit. The company is confident in delivering on its medium-term guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:12 am

HLN

Haleon reported H1 sales of $7.231 billion, missing the estimated $8.641 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:08 am

VGK

The Eurozone Manufacturing Purchasing Managers Index (PMI) for July came in at 45.8, slightly above the estimate of 45.6 and matching the prior month's figure of 45.8.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:02 am