Investing.com - Xpeng (NYSE:XPEV) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Xpeng announced earnings per share of ¥-2.77 on revenue of ¥6.82B. Analysts polled by Investing.com anticipated EPS of ¥-2.44 on revenue of ¥7.32B.
Xpeng shares are down 85.42% from the beginning of the year and are trading at ¥8.19 , down-from-52-week-high.
Xpeng shares gained 11.58% in pre-market trade the report.
Xpeng follows other major Consumer Discretionary sector earnings this month
Xpeng's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of ¥4.24 on revenue of ¥38.9B, compared to forecasts EPS of ¥4.12 on revenue of ¥37.92B.
Toyota Motor ADR had missed expectations on Tuesday, November 1, 2022 with second quarter EPS of ¥2.14 on revenue of ¥62.24B, compared to forecast for EPS of ¥3.5 on revenue of ¥62.38B.
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