Li Auto Inc expected to post earnings of CNY2.38 a share - Earnings Preview

Reuters
02-28
Li Auto Inc <li.oq> expected to post earnings of CNY2.38 a share - Earnings Preview </li.oq>
  • Li Auto Inc LI.OQ, LI.O is expected to show a rise in quarterly revenue when it reports results on March 14 for the period ending December 31 2024

  • The Beijing-based company is expected to report a 3.7% increase in revenue to CNY43.263 billion from CNY41.73 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended December 31, was for revenue between CNY43.20 billion and CNY45.90 billion.

  • ​LSEG's mean analyst estimate for Li Auto Inc is for earnings of CNY2.38 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Li Auto Inc is $31.50​, below​ its last closing price of $31.92. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.70

2.92

2.66

Missed

-9

Jun. 30 2024

1.36

1.36

1.05

Missed

-22.5

Mar. 31 2024

2.38

2.50

0.56

Missed

-77.6​

Dec. 31 2023

2.00

2.06

5.32

Beat

158.9

​​Sep. 30 2023

2.19

2.19

1.34

Missed

-38.8

Jun. 30 2023

0.85

0.88

2.18

Beat

146.8​

Mar. 31 2023

0.11

0.06

0.90

Beat

1,380.3

Dec. 31 2022

0.10

0.10

0.25

Beat

148.3

This summary was machine generated February 28 at 13:58 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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