Li Auto beats Q1 revenue estimates, shares fall on weak Q2 guidance
By
Meghavi Singh, SA News Editor
Fresh out the oven, still warm. Top of the tray.
Summary
Li Auto (LI) reported Q1 2025 earnings that beat revenue estimates, but the company issued weak Q2 guidance that fell below analyst expectations. The electric vehicle maker's stock declined following the announcement as investors reacted to the cautious outlook despite the positive revenue surprise in the first quarter.
Key quotes
· 3 pulledLi Auto reported Q1 revenue that exceeded analyst expectations.
The company's Q2 guidance came in below consensus estimates.
Shares moved lower following the earnings release and guidance update.
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