Published on 30 May 2024 on Zacks via Yahoo Finance
NIO Inc. NIO is slated to release first-quarter 2024 results on Jun 6, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 31 cents and $1.48 billion, respectively.The consensus estimate for NIO’s loss per share has widened by 3 cents in the past 90 days. Its bottom-line estimates imply an increase of 26.19% from the year-ago reported number. Revenues indicate a year-over-year decline of 4.65%. Over the trailing four quarters, it surpassed earnings estimates on two occasions and missed twice, the average negative surprise being 26.72%. This is depicted in the graph below:
NIO Inc. Price and EPS Surprise
NIO Inc. Price and EPS Surprise