Li Auto Q3 Earnings: 24% Topline Growth, 1 Million Deliveries Milestone, Q4 Revenue Outlook Lags Street View

Quick Summary:

Li Auto Inc (NASDAQ:LI) reported fiscal third-quarter 2024 revenue growth of 23.6% year-on-year to $6.11 billion, topping the analyst consensus of $5.84 billion. 

It clocked an adjusted net earnings per ADS of $0.52, which beat the analyst consensus of $0.42.

Total vehicle deliveries were 152,831 units in the quarter, a 45.4% year-over-year increase.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaTaiwan

Topics: Stories That Matter Briefs Emerging Markets Movers Top Stories Mobility News Why it's moving Earnings Trading Ideas LI Benzinga Guidance EVs Tech Electric vehicles

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Article Type: News Report

Published On: 2024-10-31 @ 10:28:32 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

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Copyright Owner: © Benzinga

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