KNDI Earnings Prediction
The chart below shows how KNDI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KNDI sees a +5.69% change in stock price 10 days leading up to the earnings, and a -2.99% change 10 days following the report. On the earnings day itself, the stock moves by +3.54%. This data can give you a slight idea of what to expect for the next quarter's release.
KNDI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
29.95M
-17.79%
-23.51%
Gross Margin
31.30%
4.40%
3.47%
Operating Margin
-22.47%
126.74%
595.67%
Net Margin
-13.94%
-498.29%
-437.53%
EPS
-0.05
-600.00%
-350.00%
No Data Available
KNDI Earnings Analysis
Kandi Technologies Group, Inc. Ordinary Shares Corporation (KNDI.O) Earnings Conference Call
Positive
Strong Revenue Recovery: Third quarter revenue was $29.9 million, showing a strong recovery from previous quarters.
Electric Off-Road Vehicle Revenue: The all-electric off-road vehicles segment remains the primary revenue source, contributing $27.5 million in Q3.
Strategic Growth Plan: The company has developed a detailed growth plan for 2025 to 2029, aligning with current market positioning.
Brand Reputation Enhancement: Kandi's golf carts and other models are highly competitive and well-received by consumers, enhancing brand reputation.
Share Repurchase Confidence: The share repurchase program has already seen 1,480,786 shares repurchased at an average price of $2.49, reflecting confidence in the company's future.
Negative
Quarterly Revenue Decline: Third quarter revenue was $29.9 million, decreased from $36.4 million in the same period of 2023, while nine months revenue totaled $89.8 million, a decrease of 5.7% year-over-year.
Off-Road Vehicle Revenue Decline: Off-road vehicles and associated parts remained the primary revenue source in Q3, contributing $27.5 million, down 9.2% from the prior-year quarter, while revenue from the segments for the first nine months slipped 1% to $81.5 million.
Future Performance Volatility: The company’s actual results may materially differ from the expectations expressed today, indicating potential volatility in future performance.
Significant Undervaluation Indicator: The stock has been trading under cash value for the last three quarters, indicating a significant undervaluation of the company.
Stock Decline Post-Management Change: The stock has dropped another 22% since the announcement of the new management team, reflecting investor concerns about the company's direction.
KNDI FAQs
How does KNDI typically perform around its earnings report dates?
Is Kandi Technologies Group, Inc. (KNDI) Q3 2024 Earnings Call Summary positive or negative?
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KNDI Earning Call Sentiment
Kandi Technologies Group, Inc. (KNDI) Q3 2024 Earnings Call Transcript
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00:00
KNDI.O
0%Positive
The earnings call summary indicates a decline in revenue and competitive pressures, with management providing unclear responses during the Q&A. Despite a strong cash position and share repurchase program, the lack of guidance and revenue decline overshadow positives. The absence of a new partnership announcement and the negative sentiment from analysts suggest a likely negative stock price movement in the next two weeks.
