Li Auto: Q2 Earnings Insights

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Li Auto LI reported its Q2 earnings results on Monday, August 15, 2022 at 05:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Li Auto beat estimated earnings by 66.67%, reporting an EPS of $-0.02 versus an estimate of $-0.06.

Revenue was up $523.57 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 2.34% increase in the share price the next day.

Here’s a look at Li Auto’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.10 -0.04 -0.02 -0.03
EPS Actual 0.07 0.11 0.05 -0.01
Revenue Estimate 1.44B 1.59B 1.16B 681.79M
Revenue Actual 1.51B 1.67B 1.21B 780.43M

To track all earnings releases for Li Auto visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.