Stock in Chinese electric-vehicle maker XPeng is stuck somewhere between euphoria and despair. The firm’s second-quarter results, due out Friday morning, will be very interesting.
For the quarter, Wall Street expects XPeng to report a loss of 31 cents a share from sales of $707 million. A year ago, XPeng reported a 46-cent loss from $1.1 billion in sales. Falling sales and lost market share are the big reasons XPeng American depositary receipts, or ADRs, are down about 30% over the past 12 months. But take a different view: Shares are up more than 60% over the past three months. Investors were encouraged by a surprise investment from Volkswagen . The pair will develop two EVs for the Chinese market.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
BoE Faces Pressure Following Average Earnings Spike as Unemployment Rises, GBP/USD BidUK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on the Central Bank to keep its foot on the rate hike pedal.
Herkunft: DailyFX - 🏆 305. / 63 Weiterlesen »
Retail earnings this week could say a lot about the state of America's economyEarnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
Herkunft: cnni - 🏆 326. / 59 Weiterlesen »
S&P 500 Forecast: Index recovers on Monday as market waits to view retail sales, earningsThe S&P 500 declined for its second week in a row, down 0.31%. Monday, August 7 witnessed an impressive rally, but the optimism quickly dissolved as m
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »
Payments company Adyen's shares drop more than 20% after earnings missShares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings missed analysts' estimates and the company's own targets.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
4 Stocks That Beat Earnings Expectations by Over 125%Stocks Analysis by Investing.com (Ismael De La Cruz) covering: Intel Corporation, Paramount Global Class B, Qorvo Inc, Constellation Energy Corp. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »
U.S. stocks mixed after retail earnings, Fed minutes By Investing.comU.S. stocks mixed after retail earnings, Fed minutes
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »