Nio Q4 Earnings Preview: What Investors Should Watch As Shares Near 52-Week Lows

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Electric vehicle company Nio Inc – ADR (NYSE:NIO) will report fourth-quarter financial results before market open Tuesday, March 5.

Here’s a look at the key earnings estimates, analyst ratings and key items to watch.

Earnings Estimates: Nio beat earnings per share estimates for the third quarter while missing revenue estimates from analysts according to data from Benzinga Pro.

Analysts saw the company posting a loss of 55 cents per share and revenue of $2.34 billion in the fourth quarter.

The company reported revenue of $2.33 billion in the fourth quarter of the prior year and revenue of $2.61 billion in the most recent third quarter. Estimates from analysts saw the company posting a small year-over-year increase in revenue, but a figure down sequentially. The company missed revenue estimates from analysts in the last two straight quarters.

Nio reported a loss of 44 cents per share in the fourth quarter of the previous year.

Guidance …

Full story available on Benzinga.com


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