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You are right, we have to wait for them to play so we can say how bad or good their performance is in their first season in the premier league. It is quite difficult to compete in the premier league because the competition is quite tight because on average the teams have quite strong abilities.
If the promoted team can perform well I think they can put up a strong fight when facing a stronger team.
Next season might be more exciting because there are many changes in the team such as Manchester City who lost several core players because their contracts expired this season.
Competing in the EPL is not easy for a team that has just been promoted from the championship, they must have sufficient funds to strengthen the team to secure a position outside the Relegation Zone. The depth of the team is very important because the EPL always presents a dark horse team every season. Newcastle, Aston Villa and Nottingham have transformed into teams that provide competition in the European zone, several other teams such as Brighton, Fulham and West Ham are also very consistent in the EPL.
Maybe next season there will be a new surprise from Man United and Tottenham who performed badly this season, the presence of several strong teams will make it difficult for small teams or newly promoted teams to survive in the EPL. Leicester City, Ipswich town and Southampton have felt how difficult it is to compete in this competition.