Li Auto Expects Q4 Revenue $5.27B-$5.40B Vs $4.86B Est, Vehicle Deliveries Of 125,000-128,000 (Up By 169.9%-176.3% Y/Y)
Portfolio Pulse from Benzinga Newsdesk
Li Auto forecasts Q4 revenue to be between $5.27B and $5.40B, surpassing the estimated $4.86B. The company also expects vehicle deliveries to increase by 169.9%-176.3% year-over-year, reaching 125,000-128,000 units.
November 09, 2023 | 8:39 am
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Li Auto's higher than expected Q4 revenue and increased vehicle deliveries could positively impact its stock price.
Li Auto's projected Q4 revenue surpasses estimates, indicating strong financial performance. Additionally, the significant increase in vehicle deliveries suggests growing demand for their products, which could lead to a positive market reaction and a potential increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
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