Li Auto Q3 Adj. EPADS CNY3.63 Beats CNY2.31 Estimate, Sales CNY42.87B Beats CNY41.665B Estimate
Portfolio Pulse from Benzinga Newsdesk
Li Auto reported its Q3 financial results, surpassing analyst expectations. The company achieved an adjusted EPADS of CNY3.63, beating the estimate of CNY2.31. Additionally, sales reached CNY42.87 billion, exceeding the forecast of CNY41.665 billion.
October 31, 2024 | 8:47 am
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Li Auto's Q3 financial results exceeded expectations with an adjusted EPADS of CNY3.63 and sales of CNY42.87 billion, both surpassing analyst estimates.
Li Auto's better-than-expected Q3 results, with both earnings and sales surpassing estimates, are likely to positively impact the stock price in the short term. This performance indicates strong operational execution and market demand.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100