Market Overview

A Preview Of Nio's Q3 Earnings

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On Monday, Dec. 30, Nio Inc - ADR (NYSE: NIO) will release its latest earnings report. Benzinga's outlook for NIO is included in the following report.

Earnings and Revenue

Analysts are predicting NIO will report a loss of 34 cents per share on revenue of $230.08 million.

NIO's loss in the same period a year ago was $1.51. Quarterly sales came in at $213.97 million. If the company were to report inline earnings when it publishes results Monday, earnings would be down 77.48%. Revenue would be up 7.53% from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q2 2019 Q1 2019 Q4 2018 Q3 2018
EPS Estimate -0.180      
EPS Actual -0.450 -0.360 -0.47 -1.51

Stock Performance

Shares of NIO were trading at $2.51 as of Dec. 30. Over the last 52-week period, shares are down 60.53%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on NIO stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

NIO is scheduled to hold a conference call at 7 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/ujgtzsq8

Posted-In: Earnings News Previews Trading Ideas

 

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