Recap: Niu Technologies Q3 Earnings - Niu Techs (NASDAQ:NIU)

Niu Technologies NIU reported its Q3 earnings results on Monday, November 22, 2021.

Here's what investors need to know about the announcement.

Niu Technologies missed estimated earnings by 35.71%, reporting an EPS of $0.18 versus an estimate of $0.28, which surprised analysts.

Revenue was up $58,594,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 9.35% increase in the share price the next day.

Here's a look at Niu Technologies's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.16	0.04	0.09	0.22
EPS Actual	0.18	-0.01	0.11	0.15
Revenue Estimate	156.04M	79.68M	95.24M	149.28M
Revenue Actual	146.32M	83.54M	102.99M	131.74M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.