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Ehang Holdings (EH)
NASDAQ:EH
Holding EH?
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Earnings Data
Report Date
Apr 01, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.11Last Year’s EPS
-$0.5Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 18, 2024
|% Change Since: -9.31%
|Next Earnings Date:Apr 01, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance and strategic advancements, particularly in international expansion and technology breakthroughs. However, challenges remain in regulatory approvals and maintaining high gross margins. The company's focus on scaling production and partnerships indicates a strategic approach to addressing these challenges.Company Guidance
During EHang's Q3 2024 earnings call, the company provided guidance on several key metrics and strategic initiatives. EHang achieved a record quarterly revenue of RMB 128.1 million, driven by the delivery of 63 units of their EH216-S series, marking a 347.8% year-over-year increase. The company also maintained a strong gross margin of 61.2% despite a slight decrease from the previous quarter. EHang is focused on advancing its operational capabilities and expects its first operator certificate (OC) to be issued by the end of 2024. The company has made significant progress in solid-state battery technology, extending the EH216-S's flight endurance to over 48 minutes, with plans to reach 60 minutes next year. EHang's strategic investments and partnerships, including a USD 22 million PIPE investment, aim to enhance their next-generation eVTOL technology and expand production capacity. Looking ahead, EHang projects Q4 2024 revenue of RMB 135 million and a full-year revenue of RMB 427 million, reflecting a robust outlook supported by government policy and a growing low-altitude economy.Record-Breaking Revenue and Deliveries
In Q3 2024, EHang's revenues reached RMB 128.1 million, a 347.8% year-over-year increase. The company delivered 63 units of EH216-S, achieving a new record high for quarterly deliveries.
Airworthiness Certificates Achievement
EHang became the world's first eVTOL company to obtain 3 airworthiness certificates for pilotless aircraft, showcasing capabilities for mass production and deliveries.
International Expansion and Certifications
In Q3, EHang conducted demo flights in Brazil, Japan, and Thailand, expanding its footprint to 18 countries. EH216-S received an experimental flight authorization certificate from Brazil's aviation agency.
Financial Performance and Strategic Investment
EHang recorded adjusted net income of RMB 15.7 million for Q3 2024, marking the second consecutive profitable quarter. A strategic investment of over USD 22 million was secured, bringing year-to-date financing to nearly USD 100 million.
Solid-State Battery Breakthrough
EHang achieved a significant breakthrough in battery technology, enhancing EH216-S's flight endurance by 90% with solid-state batteries, and aims to further improve to 60 minutes by next year.
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EH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 18, 2024 | $16.55 | $15.39 | -7.01% |
| Aug 22, 2024 | $12.47 | $14.52 | +16.44% |
| May 20, 2024 | $19.15 | $17.00 | -11.23% |
| Mar 15, 2024 | $13.61 | $15.37 | +12.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ehang Holdings (EH) report earnings?
Ehang Holdings (EH) is schdueled to report earning on Apr 01, 2025, TBA Not Confirmed.
What is Ehang Holdings (EH) earnings time?
Ehang Holdings (EH) earnings time is at Apr 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EH EPS forecast?
EH EPS forecast for the fiscal quarter 2024 (Q4) is -$0.11.
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