XPENG Reports Third Quarter 2022 Unaudited Financial Results
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Deutsche Bank on China EVs: recent rally caused by short squeeze
December 1, 2022 7:51 AM ESTChina electric vehicle stocks rallied significantly during US trading on Wednesday, with Nio (NYSE: NIO) and Li Auto (NASDAQ: LI) both trading up around 20%, while XPeng (NYSE: XPEV) saw shares grow as much as 47%. Deutsche Bank analyst, Edison Yu believes that a large part of yesterdays rally was... More
XPeng (XPEV) sees strength despite EPS miss
November 30, 2022 8:39 AM ESTShares of XPeng Inc. (NYSE: XPEV) are up 10.35% in pre-market trading on Wednesday following the release of the companys 3Q earnings report. The company reported an EPS loss of (0.36) per share, missing the consensus EPS estimate by 0.08. Total revenues were reported at RMB6.82 billion (US$0.96 billion) for the third quarter, representing an increase of 19.3% from the same period of 2021, and a decrease of 8.2% from the second quarter of 2022. Total deliveries for the quarter were 29,570,... More
