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WeRide Inc. Sponsored ADR (WRD)
NASDAQ:WRD
RESEARCH TOOLSreports
Earnings Data
Report Date
Mar 14, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.63Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 29, 2024
|% Change Since: -45.67%
|Next Earnings Date:Mar 14, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted WeRide's significant advancements in global market expansion, technological innovation, and record-breaking revenue. However, it also noted challenges like declining service revenue and increased expenses. Overall, the positive developments in technology and international partnerships indicate strong growth potential, but financial challenges remain.Company Guidance
During WeRide's fourth quarter and full year 2024 earnings call, the company provided comprehensive guidance, highlighting key metrics and milestones. The company reported a 3% decline in total revenue for the fourth quarter, totaling 141 million RMB, while full-year revenue stood at 361 million RMB. Product revenue surged by 46% in Q4, reaching 252 million RMB, driven by sales of Robotaxi, RoboSweeper, and Robovan, although service revenue fell to 89 million RMB. Operating expenses rose by 82% in Q4, amounting to 640 million RMB, largely due to personnel-related costs and share-based compensation. The net loss for Q4 increased by 66% to 592 million RMB. WeRide's cash position was strong, with 4.9 billion RMB in cash, cash equivalents, and time deposits as of December 31, 2024. The company highlighted its strategic focus on both domestic and international expansion, aiming to deploy its autonomous vehicles in more cities worldwide and improve its revenue streams through product innovation.Global Expansion and Partnerships
WeRide expanded its Robotaxi services to multiple international markets, including partnerships with Uber in Abu Dhabi and collaborations with Zurich Airport in Switzerland. The company deployed L4 vehicles in more than 30 cities across 10 countries.
Technological Advancements
WeRide launched the GXR, a new purpose-built Robotaxi, and deployed end-to-end models for both ADAS and L4 systems. The GXR features an industry-leading L4 architecture and WeRide's proprietary sensor suite.
Record-Breaking Revenue
WeRide achieved record-breaking Robotaxi revenue and the highest international revenue since its founding. Product revenue increased by 46% in Q4 2024 and 62% for the full year.
Safety and Operational Milestones
WeRide's Robotaxi fleet completed over 1,900 days of commercial operation on public roads with zero regulatory issues due to system failures. The company also received permits to operate in various challenging environments.
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WRD Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
| Mar 14, 2025 | 2024 (Q4) | -0.086 | -28.16% (-0.02) | ― | |||
| Nov 29, 2024 | 2024 (Q3) | -0.407 | -406.88% (-1.66) | ― | ― |
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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WRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 14, 2025 | $16.27 | $18.40 | +13.09% |
| Nov 29, 2024 | $17.37 | $16.73 | -3.68% |
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 WeRide Inc. Sponsored ADR (WRD) report earnings?
WeRide Inc. Sponsored ADR (WRD) is schdueled to report earning on Mar 14, 2025, TBA Not Confirmed.
What is WeRide Inc. Sponsored ADR (WRD) earnings time?
WeRide Inc. Sponsored ADR (WRD) earnings time is at Mar 14, 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 WRD EPS forecast?
Currently, no data Available
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