Li Auto Expects Q3 Revenue $4.46B-$4.59B Vs $3.9B Est, Vehicle Deliveries Of 100,000-103,000 (Up By 277.0%-288.3% YoY)
Portfolio Pulse from Benzinga Newsdesk
Li Auto expects Q3 2023 revenue to be between $4.46B and $4.59B, up from the estimated $3.9B. The company also anticipates vehicle deliveries to range from 100,000 to 103,000, marking a YoY increase of 277.0% to 288.3%.
August 08, 2023 | 8:35 am
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POSITIVE IMPACT
Li Auto's Q3 2023 revenue and vehicle delivery forecasts exceed expectations, which could positively impact the company's stock price.
Li Auto's higher-than-expected revenue and vehicle delivery forecasts for Q3 2023 indicate strong growth and performance, which could make the company's stock more attractive to investors and drive its price up.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100