NIO (NIO) Misses Q4 EPS by RMB 1.27, Misses on Revenue, Delivers 40K Vehicles; Offers Q1 Guidance

NIO Inc. (NYSE: NIO) reported Q4 EPS of (RMB3.07), RMB1.27 worse than the analyst estimate of (RMB1.80). Revenue for the quarter came in at RMB16.06 billion versus the consensus estimate of RMB17.47 billion.

NIO delivered 40,052 vehicles in Q4.

The company offered the following Q1 guidance:

Deliveries of vehicles to be between 31,000 and 33,000 vehicles, representing an increase of approximately 20.3% to 28.1% from the same quarter of 2022.

Total revenues to be between RMB10,926 million (US$1,584 million) and RMB11,543 million (US$1,674 million), representing an increase of approximately 10.2% to 16.5% from the same quarter of 2022.

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

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