05:27 AM EDT, 08/28/2024 (MT Newswires) -- Li Auto ( LI ) reported Q2 non-GAAP earnings Wednesday of 1.42 Chinese renminbi ($0.20) per diluted American depositary share, down from 2.58 renminbi a year earlier.

Analysts polled by Capital IQ expected 1.38 renminbi.

Revenue for the quarter ended June 30 was 31.68 billion renminbi, compared with 28.65 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 31.59 billion renminbi.

The company said it expects Q3 revenue to be between 39.4 billion renminbi and 42.2 billion renminbi. Analysts surveyed by Capital IQ expect 39.41 billion renminbi.

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