* NIO Inc is expected to show a rise in quarterly revenue when it reports results on September 5 for the period ending June 30 2024
* The Shanghai-based company is expected to report a 140.4% increase in revenue to CNY17.273 billion from CNY7.19 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on June 6 2024, for the period ended June 30, was for revenue between CNY16.59 billion and CNY17.14 billion.
* LSEG's mean analyst estimate for NIO Inc is for a loss of CNY2.22 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 13 "hold" and 1 "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 $7.10, above its last closing price of $3.99.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -2.34 -2.18 -2.39 Missed -9.5
Dec. 31 2024 -2.40 -2.36 -2.81 Missed -19.3
Sep. 30 2023 -2.68 -2.20 -2.28 Missed -3.8
Jun. 30 2023 -3.01 -2.99 -3.28 Missed -9.8
Mar. -2.44 -2.32 -2.51 Missed -8.1
31 2023
Dec. 31 2022 -1.82 -1.77 -3.07 Missed -73.2
Sep. 30 2022 -1.19 -1.14 -2.11 Missed -85.5
Jan. 1 0001 -1.27 -1.15 -1.34 Missed -16.3
This summary was machine generated August 23 at 13:14 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
