XPeng Reports First Quarter 2021 Unaudited Financial Results
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XPeng Inc. (XPEV) Tops Q1 EPS by 4c, Revenues Beat
May 13, 2021 5:54 AM EDTXPeng Inc. (NYSE: XPEV) reported Q1 EPS of ($0.13), $0.04 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $450.4 million versus the consensus estimate of $441.24 million.
First Quarter 2021 Financial Highlights
Total revenues were RMB2,950.9 million (US$450.4 million) for the first quarter of 2021, representing an increase of 616.1% from RMB412.1 million for the same period of 2020 and an increase of 3.5% from RMB2,851.4 million for the fourth quarter of 2020.Revenues from vehicle sales were RMB2,810.3 million (US$428.9 million) for the first quarter of 2021, representing an increase of 655.2% from RMB372.2 million for the... More