Li Auto (LI) reported Q4 FY2024 earnings of RMB3.79 per share (versus RMB4.23 per share in Q4 FY2023), beating analysts’ consensus estimate of RMB3.13 per share.
The company’s quarterly revenues amounted to RMB44.274 bln (+6.1% y/y), beating analysts’ consensus estimate of RMB43.564 bln.
The company also issued downside revenue guidance for Q1 FY2025 of RMB23.4-24.7 bln versus analysts’ consensus estimate of RMB30.87 bln.
LI fell to $26.75 (-6.85%) in pre-market trading.
