NIO Inc NIO.N, NIO is expected to show a rise in quarterly revenue when it reports results on March 3 (estimated) for the period ending December 31 2024
The Shanghai-based company is expected to report a 17.9% increase in revenue to CNY20.163 billion from CNY17.1 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on November 20 2024, for the period ended December 31, was for revenue between CNY19.68 billion and CNY20.38 billion.
LSEG's mean analyst estimate for NIO Inc is for a loss of CNY2.44 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for NIO Inc is $5.53, above its last closing price of $4.79.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -2.06 | -2.16 | -2.14 | Beat | 0.7 |
Jun. 30 2024 | -2.21 | -2.21 | -2.21 | Met | 0 |
Mar. 31 2024 | -2.34 | -2.18 | -2.39 | Missed | -9.5 |
Dec. 31 2023 | -2.40 | -2.36 | -2.81 | Missed | -19.3 |
Sep. 30 2023 | -2.68 | -2.20 | -2.28 | Missed | -3.8 |
Jun. 30 2023 | -3.01 | -2.99 | -3.28 | Missed | -9.8 |
Mar. 31 2023 | -2.44 | -2.32 | -2.51 | Missed | -8.1 |
Dec. 31 2022 | -1.82 | -1.77 | -3.07 | Missed | -73.2 |
This summary was machine generated February 28 at 13:39 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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