Li Auto Inc reports results for the quarter ended December 31 - Earnings Summary

• Li Auto Inc LI.OQ reported quarterly adjusted earnings of CNY3.31​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of CNY5.32. The mean expectation of eight analysts for the quarter was for earnings of CNY2.38 per share. Wall Street expected results to range from CNY1.40 to CNY3.35 per share.

• Revenue rose 6.1% to CNY44.27 billion from a year ago; analysts expected CNY43.26 billion.

• Li Auto Inc's reported EPS for the quarter was CNY3.31​.

• The company reported quarterly net income of CNY3.52 billion.

• Li Auto Inc shares had risen by 19.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• 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 average consensus recommendation for the auto & truck manufacturers peer group is also "buy"

Wall Street's median 12-month price target for Li Auto Inc is $32.00

This summary was machine generated from LSEG data March 14 at 01:30 p.m. UTC. ​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)