Li Auto (LI) Delivers 31,716 Vehicles in Q1, Tops EPS by 17c, Sees Q2 Deliveries of 21k-24k Vehicles

May 10, 2022 5:27 AM EDT

Li Auto Inc. (NASDAQ: LI) reported Q1 EPS of $0.07, $0.17 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.44 billion.

The company delivered 31,716 vehicles in Q1'22 vs 35,221 in Q4'21.

Li Auto issued following guidance for Q2:

Deliveries of vehicles to be between 21,000 and 24,000 vehicles, representing an increase of 19.5% to 36.6% from the second quarter of 2021.
Total revenues to be between RMB6.16 billion (US$972.3 million) and RMB7.04 billion (US$1.11 billion), representing an increase of 22.3% to 39.8% from the second quarter of 2021.

For earnings history and earnings-related data on Li Auto Inc. (LI) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities