Li Auto's Q3 Non-GAAP Earnings, Revenue Increase

MT Newswires Live10-31

Li Auto (LI) reported Q3 non-GAAP earnings Thursday of 3.63 Chinese renminbi ($0.51) per diluted American depositary share, up from 3.29 renminbi a year earlier.

Three analysts surveyed by Capital IQ expected 3.02 renminbi.

Revenue for the quarter ended Sept. 30 was 42.87 billion renminbi, compared with 34.68 billion renminbi a year earlier.

Analysts polled by Capital IQ expected 41.76 billion renminbi.

The company said it expects Q4 revenue of 43.2 billion renminbi to 45.9 billion renminbi. Analysts polled by Capital IQ expect 47.44 billion renminbi.

Price: 28.90, Change: -0.04, Percent Change: -0.14

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