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NIO Inc expected to post a loss of CNY2.97 a share - Earnings Preview
22/03/2022 21:07 RSF
* NIO Inc (NIO.N) is expected to show a rise in quarterly revenue when it reports results on March 24.
* The Shanghai-based company is expected to report a 30.7% increase in revenue to CNY8.682 billion from CNY6.64 billion a year ago, according to the mean estimate from 8 analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for NIO Inc is for a loss of CNY2.97 per share. For the same quarter last year, the company reported a loss of CNY1.05 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for NIO Inc is $49.75, above its last closing price of $20.26.
* Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
22/03/2022 21:07 RSF
* NIO Inc (NIO.N) is expected to show a rise in quarterly revenue when it reports results on March 24.
* The Shanghai-based company is expected to report a 30.7% increase in revenue to CNY8.682 billion from CNY6.64 billion a year ago, according to the mean estimate from 8 analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for NIO Inc is for a loss of CNY2.97 per share. For the same quarter last year, the company reported a loss of CNY1.05 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for NIO Inc is $49.75, above its last closing price of $20.26.
* Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).