Li Auto (NASDAQ:LI) reported its Q1 earnings results on Wednesday, May 10, 2023 at 05:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Li Auto beat estimated earnings by 1900.0%, reporting an EPS of $0.2 versus an estimate of $0.01.
Revenue was up $1.23 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 1.33% increase in the share price the next day.
Here’s a look at Li Auto’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | -0.15 | -0.06 | -0.10 |
| EPS Actual | 0.13 | -0.18 | -0.02 | 0.07 |
| Revenue Estimate | 2.52B | 1.40B | 1.12B | 1.44B |
| Revenue Actual | 2.56B | 1.31B | 1.30B | 1.51B |
To track all earnings releases for Li Auto visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
