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

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.

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