Li Auto Inc. (LI) reported Q1 EPS of $0.07, $0.17 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.44 billion.
The company delivered 31,716 vehicles in Q1'22 vs 35,221 in Q4'21.
Li Auto issued following guidance for Q2:
Deliveries of vehicles to be between 21,000 and 24,000 vehicles, representing an increase of 19.5% to 36.6% from the second quarter of 2021.
Total revenues to be between RMB6.16 billion (US$972.3 million) and RMB7.04 billion (US$1.11 billion), representing an increase of 22.3% to 39.8% from the second quarter of 2021.