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Earnings preview for Monday (XPEV, NIU, SFIX)

Moomoo News ·  Mar 7, 2021 22:35  · Earnings Preview

XPeng Q4 2020 earnings preview

$XPeng Inc.(XPEV.US)$ designs, produces and distributes electric vehicles. The Company offers smart electric vehicles, as well as finance, parts, and maintenance services. 

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Xpeng's automotive gross margin may have expanded in 4Q.

China's soaring demand for electric vehicles bolstered a 51% sequential increase in Xpeng's 4Q shipments, lifting its plant utilization rate to 35% vs. 23% in 3Q. 
The Chinese EV start-up may post continued as its expanding sales network and planned 1Q launch of XPilot 3.0, its autonomous-driving system, could keep marketing and R&D expenses elevated. 

-Steve Man & Joanna Chen, Bloomberg Analyst

Niu Technologies Q4 2020 earnings preview

$Niu Technologies(NIU.US)$ designs, manufactures, and distributes e-mobility solutions. The Company offers smart electric two-wheeled vehicles. 

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Niu Technologies is in talks to supply its electric scooters to Southeast Asian ride-hailing company Gojek to increase market share in the region.

The company has 1,600 shops in China selling Niu scooters currently. It also has more than 100 shops overseas and more than 1,000 dealers.

Li, CEO of six-year-old Niu Technologies said the company plans to expand its sales network in smaller Chinese cities and will open shops at a faster pace than last year when it opened 600 shops.

Stitch Fix Q2 2021 earnings preview

 $Stitch Fix Inc(SFIX.US)$ operates as an online personal styling platform. The Company offers one-to-one personalization to clients through the combination of data science and human judgment. 

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Wall Street analysts see Stitch Fix reporting a loss of $0.22 per share on revenue of $512.37 million. In the same quarter last year, Stitch Fix posted EPS of $0.11 on sales of $451.78 million.

The Wall Street estimate would represent a 300.0% decline in the company's earnings. Revenue would be have grown 13.41% from the same quarter last year. 

-Benzinga Analyst

Further Reading:

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Click here to check out: Earnings Calendar for March.

Source: Bloomberg, Benzinga 

Editor: Mia

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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