Li Auto Q2 Earnings Fall Y/Y Due to Higher Costs & Pricing Pressures - Blue Bird ( NASDAQ:BLBD ) , Dorman Prods ( NASDAQ:DORM )
Li Auto Inc. LI reported second-quarter 2024 adjusted earnings per ADS of 20 cents, down from 36 cents reported in the year-ago quarter. Rising costs and price reductions due to higher competition amid falling EV demand resulted in a year-over-year decline.
| Ticker |
Sentiment |
Impact |
|
PLOW
|
Neutral
|
14 %
|
|
BLBD
|
Neutral
|
14 %
|
|
LI
|
Neutral
|
40 %
|
|
DORM
|
Neutral
|
14 %
|
