XPeng Inc. (XPEV) Misses Q2 EPS by 2c, Delivers Record 17,398 Vehicles; Expects 21.5K-22.5K Deliveries in Q3

XPeng Inc. (NYSE: XPEV) reported Q2 EPS of ($0.21), $0.02 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $582.5 million versus the consensus estimate of $491.24 million.

The company delivered a record of 17,398 vehicles in Q2, representing growth of 439% YoY.

Gross margin reached 11.9%.

GUIDANCE:

XPeng Inv. sees Q3 deliveries of between 21,500 and 22,500 vehicles and total revenues of RMB 4.8-5 billion.

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

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