Earnings Recap – November 29th
Li Auto reported Q3 earnings on Monday. The company reported adjusted earnings of $0.03 per share vs. -$0.03 per share as expected by Wall Street. Revenue was $1.21 billion vs. $1.13 billion as expected by Wall Street. Revenue rose 209% year-over-year. In Q3, the company delivered over 25,000 vehicles. In Q4, the company expects to deliver 30,000 to 32,000 vehicles.
Salesforce is scheduled to report Q3 earnings Tuesday, November 30th. Wall Street is expecting earnings of $0.92 per share on revenue of $6.8 billion. Shares of Salesforce.com closed up 4.41% before the company reports earnings after the market closes on Tuesday.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.