NIO Inc. (NIO) Tops Q3 EPS by 3c, Q4 Revenue Guidance Misses Consensus

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Go back to NIO Inc. (NIO) Tops Q3 EPS by 3c, Q4 Revenue Guidance Misses Consensus

NIO (NIO) Stock Slips on Disappointing Forecast, Analyst Reactions Mixed

November 10, 2021 8:26 AM EST

Nio (NYSE: NIO) stock price is down about 1.5% in pre-open Wednesday after the company reported Q3 earnings and Q4 guidance.

NIO reported Q3 EPS of ($0.06), better than the analyst estimate of ($0.09). Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.46 billion.

We achieved another all-time high quarterly delivery of 24,439 for the third quarter of 2021, representing a solid growth... More