Li Auto Inc expected to post earnings of CNY2.31 a share - Earnings Preview

Reuters
2024-10-29

* Li Auto Inc is expected to show a rise in quarterly revenue when it reports results on October 31 for the period ending September 30 2024

* The Beijing-based company is expected to report a 20.1% increase in revenue to CNY41.665 billion from CNY34.68 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on August 28 2024, for the period ended September 30, was for revenue between CNY39.40 billion and CNY42.20 billion.

* ​LSEG's mean analyst estimate for Li Auto Inc is for earnings of CNY2.31 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 25.8% in the last three months. ​

* Wall Street's median 12-month price target for Li Auto Inc is 29.50​, above​ its last closing price of $29.13. ​​​

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 1.36 1.36 1.05 Missed -22.5

Jan. 1 0001 2.50 0.56 Missed -77.6

Dec. 31 2023 2.06 5.32 Beat 158.9​

Sep. 30 2023 2.19 2.19 1.34 Missed

​​Jan. 0.11 0.88 2.18 Beat 146.8

1 0001

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

Sep. 30 2022 -1.27 -1.03 -1.68 Missed -63.2

This summary was machine generated October 29 at 13:34 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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