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XPeng Inc. (XPEV) Misses Q2 EPS by RMB 0.91c, Beats on Revenue Guides Q3 Deliveries of 39K-41K

August 18, 2023 6:04 AM

XPeng Inc. (NYSE: XPEV) reported Q2 EPS of (RMB3.10), RMB0.91 better than the analyst estimate of (RMB2.19). Revenue for the quarter came in at RMB5.06 billion versus the consensus estimate of RMB5.06 billion.

The company delivered 23,205 vehicles in Q2.

For the third quarter of 2023, the Company expects:

Deliveries of vehicles to be between 39,000 and 41,000, representing a year-over-year increase of approximately 31.9% to 38.7%.
Total revenues to be between RMB8.5 billion and RMB9.0 billion, representing a year-over-year increase of approximately 24.6% to 31.9%.

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

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