Li Auto Misses Earnings Estimates. The Stock Is Rising. - Barron's
1. Li Auto's Q1 EPS was 7 cents, below the expected 9 cents. 2. Sales reached $3.6 billion, exceeding forecasts of $3.4 billion. 3. Deliveries rose 13% YoY to nearly 93,000, but pricing pressure persists. 4. Q2 delivery forecast of 125,500 cars indicates 16% growth year-over-year. 5. Operating profit margins improved to 1%, with a cash balance over $15 billion.