Li Auto and N-able Beat Q1 Expectations, Ballard Power Systems Shows Improvement Despite Losses
- May 10th, 2023
- 175 views
Li Auto Inc. (Nasdaq: LI) has released its Q1 earnings report, exceeding market expectations with an earnings per share (EPS) of $0.13. The consensus estimate had predicted an EPS of $0.01. This positive performance has garnered attention in the market, leading to LI's pre-market trading price of $26.47, reflecting a significant increase of $1.70 (6.86%).
In a similar vein, N-able, Inc. (NYSE: NABL) has shared its Q1 financial results, reporting an EPS of $0.08, slightly surpassing the consensus estimate of $0.07. The market has responded favorably to this news, with NABL trading at $13.50 in pre-market activity, experiencing an increase of $0.81 (6.38%).
However, Ballard Power Systems Inc. (Nasdaq: BLDP) has disclosed its Q1 earnings, revealing a loss of $0.11 per share, slightly better than the consensus estimate of a loss of $0.13 per share. Nevertheless, BLDP's pre-market trading shows a decline, with the stock currently valued at $4.31, representing a decrease of $0.10 (-2.27%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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