Li Auto Inc. (LI) Misses Q1 EPS by 1c, Offers Outlook

Li Auto Inc. (NASDAQ: LI) reported Q1 EPS of ($0.03), $0.01 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $545.7 million versus the consensus estimate of $522.52 million.

Business Outlook:

For the second quarter of 2021, the Company expects:

• Deliveries of vehicles to be between 14,500 and 15,500 vehicles, representing an increase of 119.6% to 134.7% from the second quarter of 2020.
• Total revenues to be between RMB3.99 billion (US$609.0 million) and RMB4.27 billion (US$651.7 million), representing an increase of 104.6% to 119.0% from the second quarter of 2020.

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

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