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Li Auto beats market expectations for both Q3 net income and revenue

Associated Press +2 ·

LAD
LAD Lithia Motors Inc
$269.13 -10.15%
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  1. 1Li Auto recorded a Q3 net income of $291.1 million.
  2. 2Li Auto's Q3 earnings per share of $13.22 exceeded the $9.70 estimate from 5 analysts surveyed by Zacks Investment Research.
  3. 3Li Auto recorded $9.95 billion in revenue, surpassing market expectations.

So what's the key point?

The money Li Auto earned in the third quarter was much higher than what experts predicted. This means the company generated more profit and revenue than the market expected.

Source Associated Press +2 · View original ↗

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