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

NIO Inc. (NYSE: NIO) reported Q3 EPS of ($0.06), $0.03 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.

GUIDANCE:

NIO Inc. sees Q4 2021 revenue of $1.4551-1.5684 billion, versus the consensus of $1.74 billion.

• Deliveries of the vehicles to be between 23,500 and 25,500 vehicles, representing an increase of approximately 35.4% to 46.9% from the same quarter of 2020, and a decrease of approximately 3.8% to an increase of approximately 4.3% from the third quarter of 2021.
• Total revenues to be between RMB9,376.0 million (US$1,455.1 million) and RM10,105.6 million (US$1,568.4 million), representing an increase of approximately 41.2% to 52.2% from the same quarter of 2020, and a decrease of approximately 4.4% to an increase of approximately 3.1% from the third quarter of 2021.

For earnings history and earnings-related data on NIO Inc. (NIO) click here.

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