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EHang Holdings Third Quarter 2024 Earnings: Revenues Beat Expectations

editorial-team@simplywallst.com (Simply Wall St)
1 min read

In This Article:

EHang Holdings (NASDAQ:EH) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥128.1m (up 348% from 3Q 2023).

  • Net loss: CN¥48.1m (loss narrowed by 28% from 3Q 2023).

earnings-and-revenue-growth
NasdaqGM:EH Earnings and Revenue Growth November 23rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

EHang Holdings Revenues Beat Expectations

Revenue exceeded analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's shares are down 15% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for EHang Holdings you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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