CORRECTION: Li Auto Q3 Adj EPS $0.52 Beats $0.42 Estimate, Sales $6.11B Beat $5.84B Estimate
Portfolio Pulse from Benzinga Newsdesk
Li Auto reported Q3 earnings of $0.52 per share, surpassing the $0.42 estimate, and sales of $6.11 billion, exceeding the $5.84 billion estimate. This marks a significant year-over-year growth in both earnings and sales.
October 31, 2024 | 8:45 am
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Li Auto's Q3 earnings and sales significantly exceeded analyst expectations, indicating strong financial performance and growth.
Li Auto's earnings per share and sales both exceeded analyst estimates, showing a strong financial performance. The significant year-over-year growth in both metrics suggests positive momentum for the company, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100