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XPeng's Q4 Adjusted Loss Narrows, Revenue Increases
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XPeng's Q4 Adjusted Loss Narrows, Revenue Increases
Mar 19, 2024 3:56 AM

06:40 AM EDT, 03/19/2024 (MT Newswires) -- XPeng ( XPEV ) reported a Q4 adjusted loss Tuesday of 1.98 Chinese renminbi ($0.28) per diluted American depositary share, narrower than a loss of 2.57 renminbi a year earlier.

Three analysts polled by Capital IQ expected an adjusted loss of 3.03 renminbi per ADS.

Revenue for the quarter ended Dec. 31 was 13.05 billion renminbi, up from 5.14 billion renminbi a year earlier. Analysts surveyed by Capital IQ expected 12.56 billion renminbi.

For Q1, XPeng ( XPEV ) said it expects revenue to be from 5.8 billion renminbi to 6.2 billion renminbi. Two analysts polled by Capital IQ are expecting 10.19 billion renminbi.

Price: 10.15, Change: +0.33, Percent Change: +3.36

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