Li Auto's Q4 Non-GAAP Earnings Fall, Revenue Rises

MT Newswires Live
03-14

Li Auto (LI) reported Q4 non-GAAP earnings Friday of 3.79 Chinese renminbi ($0.52) per diluted American depositary share, down from 4.23 renminbi a year earlier.

Three analysts surveyed by FactSet expected 4.38 renminbi.

Revenue for the quarter ended Dec. 31 was 44.27 billion renminbi, compared with 41.73 billion renminbi a year earlier.

Analysts polled by FactSet expected 43.55 billion renminbi.

The company said it expects Q1 revenue of 23.4 billion renminbi to 24.7 billion renminbi. Analysts polled by FactSet expect 35.13 billion renminbi.

Li Auto's share price fell more than 3% in recent premarket activity.

Price: 27.70, Change: -1.02, Percent Change: -3.55

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