XPeng Inc. (XPEV) Tops Q4 EPS by 1c, Revenue Beats, Offers Guidance

(Updated - March 8, 2021 6:40 AM EST)

XPeng Inc. (NYSE: XPEV) reported Q4 EPS of ($0.15), $0.01 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $437 million versus the consensus estimate of $396.79 million.

• Deliveries of vehicles reached 12,964 in the fourth quarter of 2020, representing an increase of 302.9% from 3,218 in the corresponding period of 2019 and an increase of 51.1% from 8,578 in the third quarter of 2020.

Business Outlook:

For the first quarter of 2021, the Company expects:

• Deliveries of vehicles to be approximately 12,500 vehicles, representing a year-over-year increase of approximately 450%.
• Total revenues to be approximately RMB2.6 billion, representing a year-over-year increase of approximately 531%.

For earnings history and earnings-related data on XPeng Inc. (XPEV) click here.

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