EHang Holdings (NASDAQ:EH) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥61.7m (up 178% from 1Q 2023).
• Net loss: CN¥63.3m (loss narrowed by 27% from 1Q 2023).
• CN¥1.00 loss per share (improved from CN¥1.48 loss in 1Q 2023).

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

EHang Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) missed analyst estimates by 59%.

Looking ahead, revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's shares are down 16% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with EHang Holdings, and understanding them should be part of your investment process.

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.