Li Auto Q2 Adj EPS $0.18 Beats $0.12 Estimate, Sales $3.95B Beat $3.81B Estimate
Portfolio Pulse from Benzinga Newsdesk
Li Auto reported Q2 earnings of $0.18 per share, beating the analyst consensus estimate of $0.12 by 50%. The company also reported quarterly sales of $3.95 billion, surpassing the analyst consensus estimate of $3.81 billion by 3.71%. This represents a 1000% increase in earnings and a 203.02% increase in sales compared to the same period last year.
August 08, 2023 | 8:32 am
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POSITIVE IMPACT
Li Auto's Q2 earnings and sales exceeded estimates, indicating strong financial performance. This could positively impact the company's stock price in the short term.
Li Auto's better-than-expected Q2 earnings and sales suggest strong financial performance, which is typically a positive signal to investors and can lead to an increase in the company's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100