LILi Auto Inc.
The schedule
- Thu5Nov
- Fri8Jan
- Mon10May
Past
- Tue8Sep
- Sun9Aug
Actual outcome: Bear · $12.26 at outcome
Li Auto reported Q2 EPS of -$2.28, exactly meeting analyst estimates, but the stock fell 4.5% following the release. The lack of an earnings beat failed to alleviate ongoing concerns regarding the Chinese EV price wars and the company's recent revenue contraction. Furthermore, news of significant institutional selling by Dimensional Fund Advisors added downward pressure, driving the stock lower.
Q2 earnings announcement assessing the impact of ongoing EV price wars in China and the recent 12% YoY revenue contraction.
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