Li Auto Sets March 12 Earnings Forecast at $0.05 EPS on $4.28B Revenue
On March 3 Li Auto ADR closed down 2.9%, underperforming the S&P 500, Dow and Nasdaq after a 6.2% rally over the past month. Analysts forecast its March 12 earnings at $0.05 per share (−90% YoY) on $4.28 billion revenue (−29.5% YoY), with a forward P/E of 57 versus 13 industry average.
1. Recent Trading Performance
Li Auto ADR closed March 3 with a 2.9% decline, underperforming the S&P 500’s 0.9% loss, the Dow’s 0.8% drop and the Nasdaq’s 1.0% slide. This followed a 6.23% gain over the past month, outpacing the Auto-Tires-Trucks sector’s 2.16% decline and the S&P 500’s 1.30% loss.
2. Earnings Expectations
The company is slated to report first-quarter results on March 12, with analysts projecting EPS of $0.05, down 90.38% year-over-year, on revenue of $4.28 billion, a 29.49% drop from the same period last year.
3. Forward Valuation Premium
Li Auto trades at a forward P/E of 57.04x, substantially above the Automotive-Foreign industry average of 12.97x, reflecting elevated market expectations despite the anticipated contraction in sales and earnings.
4. Analyst Estimate Revisions and Rating
Consensus EPS forecasts have been revised down by 40.08% over the past month, and analysts maintain a Sell rating on the stock, indicating cautious sentiment ahead of the upcoming earnings release.