Li Auto Inc. (LI) Reports In-Line Q3 EPS, Revenue Beats, Offers Q4 Guidance

Li Auto Inc. (NASDAQ: LI) reported Q3 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $369.8 million versus the consensus estimate of $290.2 million.

GUIDANCE:

Li Auto Inc. sees Q4 2020 revenue of $457.8-499.4 million, versus the consensus of $342.4 million.

• Deliveries of vehicles to be between 11,000 and 12,000 units, representing an increase of approximately 27.0% to 38.6% from the third quarter of 2020.
• Total revenues to be between RMB3.11 billion (US$457.8 million) and RMB3.39 billion (US$499.4 million), representing an increase of approximately 23.9% to 35.1% from the third quarter of 2020.

For earnings history and earnings-related data on Li Auto Inc. (LI) click here.

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