XPeng (XPEV) Demand Rebounded After New Year Despite Price Hikes - Morgan Stanley
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3 Analysts Discuss EV Maker XPeng (XPEV) Shares After Q4 Results
March 29, 2022 7:06 AM EDTXPeng (NYSE: XPEV) reported Q4 earnings results yesterday.
The company reported a Q4 loss per share of 76 RMB, compared to the loss per share of 53 RMB in the year-ago quarter. Revenue in the fourth quarter came in at 8.56 billion yuan, topping the consensus estimates of 8.12 billion yuan. Net loss in the period totaled 1.29 billion yuan.
The Chinese electric vehicle maker reported 41,751 vehicle deliveries in Q4, above the consensus projection of 40,922.
The gross margin stood at 12% in the period, slightly below the analyst expectations of 12.6%.
For the first quarter, Xpeng... More
