NIO Inc. (NIO) Reports In-Line Q2 EPS, Misses on Revenue; Delivers 57,373 EVs; Offers Guidance
NIO Inc. (NYSE: NIO) reported Q2 EPS of (RMB2.21), in-line with the analyst estimate of (RMB2.21). Revenue for the quarter came in at RMB17.45 billion versus the consensus estimate of RMB17.49 billion.
For the third quarter of 2024, the Company expects:
Deliveries of vehicles to be between 61,000 and 63,000 units, representing an increase of approximately 10.0% to 13.7% from the same quarter of 2023.
Total revenues to be between RMB19,109 million (US$2,630 million) and RMB19,669 million (US$2,707 million), representing an increase of approximately 0.2% to 3.2% from the same quarter of 2023.
For earnings history and earnings-related data on NIO Inc. (NIO) click here.