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XPeng to Enter German Auto Market; Toro Co. Q3 Earnings Preview

  • September 04th, 2023
  • 417 views

XPeng Inc. (NYSE: XPEV), a Chinese electric vehicle manufacturer, announced that it will enter into the highly competitive German automotive market in 2024. The company plans to kickstart its presence with the introduction of the XPENG P7 sports sedan and XPENG G9 SUV. 

$XPEV closed at $18.71 on Friday, up $0.92 (+5.17%)

In other news, The Toro Company (NYSE: TTC), a global provider of outdoor maintenance equipment and irrigation solutions, will release its third-quarter fiscal 2023 financial results on Thursday, September 7, prior to the market opening.

The consensus estimate for the company's earnings per share (EPS) is $1.23, with revenue expected to reach $1.22B.

On Friday, $TTC closed at $103.65, reflecting an increase of $1.33 (+1.30%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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