XPeng Drives Revenue and Margin Higher to Beat Earnings: Is it Time to Buy XPEV, Yet?

By |2024-03-19T17:23:19+00:00March 19th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Chinese EV manufacturer XPeng Inc. (XPEV) posted impressive Q4 earnings that beat the top and bottom line, initially sending shares higher Tuesday morning. They’ve since cooled off and settled around even on the day. The company grew revenue by a whopping 154% to RMB13.05 billion ($1.84 billion). This easily outpaced the FactSet consensus of [...]