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Will Li Auto Inc. (LI) Pop Or Drop After Earnings?

HALO Stock

HALO Stock

On the 08th of February, shares of Li Auto Inc (Nasdaq: LI) were trading at -0.13% and reached as high as $30.53. As of the last trading session, the price ranged from $29.76 to $30.53. The current market cap of the company is $27.65 billion. The shares are below the target price of $37.23 by -22.63%.

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Li Auto Inc (Nasdaq: LI), a leader in China’s new energy vehicles market, announced today it will release its unaudited 2020 financial results just ahead of the opening of the new U.S. financial year on Thursday, February 25.

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A management conference call will be held on Thursday, February 25, at 8:45 P.M. Beijing Time or 7:30 A.M. U.S. Eastern Time.

Participants who wish to participate in the call may register by visiting the link below at least 20 minutes before it starts. After registering, participants will receive detailed instructions to join the conference call, including the dial-in numbers, Direct Event passcode, and a unique registrant ID.

Online Registration Details: http://apac.directeventreg.com/invitation/event/78699500

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Earnings Forecast

Taking a look at this company’s earnings per share (EPS) for the quarter ending 9/29/2020, it was reported at -0.08. Analysts expect that Li Auto Inc. (LI) will earn an EPS of -$0.04 this quarter, -$0.04 next quarter, and -$0.02 in 2021. A low estimate of earnings-per-share is -$0.05, while a high estimate is -$0.03.

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