NIO Q3 Loss Wider Than Expected, Revenues Miss, Q4 View Solid

Zacks11-21

NIO Inc. NIO incurred a third-quarter 2024 loss per American Depositary Share (ADS) of 36 cents, wider than the Zacks Consensus Estimate of a loss of 32 cents. The company had reported a loss of 37 ...

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The company had reported a loss of 37 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nio-q3-loss-wider-expected-124300266.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Q3 Loss Wider Than Expected, Revenues Miss, Q4 View Solid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Q3 Loss Wider Than Expected, Revenues Miss, Q4 View Solid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 20:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nio-q3-loss-wider-expected-124300266.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO Inc. NIO incurred a third-quarter 2024 loss per American Depositary Share (ADS) of 36 cents, wider than the Zacks Consensus Estimate of a loss of 32 cents. The company had reported a loss of 37 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nio-q3-loss-wider-expected-124300266.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://finance.yahoo.com/news/nio-q3-loss-wider-expected-124300266.html","article_id":"2485149298","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/7f2vqVPj4luPaakZGXZekw--~B/aD0zODU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/da1cc2937151608132faf750d8c8c588"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485149298","pubTimestamp":1732192980,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"NIO Inc. NIO incurred a third-quarter 2024 loss per American Depositary Share  of 36 cents, wider than the Zacks Consensus Estimate of a loss of 32 cents. The company had reported a loss of 37 cents in the year-ago quarter. This China-based electric vehicle maker posted revenues of $2.66 billion, which missed the Zacks Consensus Estimate of $2.70 billion. The top line declined 2.1% from the corresponding quarter of 2023.NIO delivered 61,855 vehicles in the third quarter, up 11.5% year over year, including 832 vehicles from the newly launched ONVO brand. Revenues generated from vehicle sales amounted to $2.38 billion, down 4.1% year over year owing to competitive pricing pressures. Other sales of $281.6 million rose 19.2%.Li Auto’s LI third-quarter 2024 ADS earnings per share came in at 52 cents, higher than the year-ago quarter’s 45 cents. Total revenues rose to $6.1 billion from $4.75 billion reported in the corresponding quarter of 2023. Revenues from vehicle sales totaled $5.9 billi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","NIO.SI":"蔚来","LI":"理想汽车"},"translate_title":"蔚来第三季度亏损超出预期，收入未达预期，第四季度前景稳健","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":1,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9},"content_text":"NIO Inc. NIO incurred a third-quarter 2024 loss per American Depositary Share (ADS) of 36 cents, wider than the Zacks Consensus Estimate of a loss of 32 cents. The company had reported a loss of 37 cents in the year-ago quarter. This China-based electric vehicle maker posted revenues of $2.66 billion, which missed the Zacks Consensus Estimate of $2.70 billion. The top line declined 2.1% from the corresponding quarter of 2023.\n\nNIO Inc. Price, Consensus and EPS Surprise\n\nNIO Inc. price-consensus-eps-surprise-chart | NIO Inc. Quote\n\nKey Takeaways\nNIO delivered 61,855 vehicles in the third quarter, up 11.5% year over year, including 832 vehicles from the newly launched ONVO brand. Revenues generated from vehicle sales amounted to $2.38 billion, down 4.1% year over year owing to competitive pricing pressures. Other sales of $281.6 million rose 19.2%.\nGross profit came in at $286 million, up 31.8% from the year-ago quarter, thanks to decreased cost of sales. Gross margin was 10.7%, up from 8%. Vehicle margin in the reported quarter climbed to 13.1% from 11% in the third quarter of 2023 due to lower material cost per unit.\nResearch & development costs amounted to $472.9 million, which increased 9.2% year over year. Selling, general & administrative costs were $585.5 million, up 13.8% year over year. Loss from operations widened to $746.3 million due to higher operating costs. As of Sept. 30, 2024, cash and cash equivalents totaled $3.39 billion and long-term debt amounted to $1.6 billion.\nFor fourth-quarter 2024, NIO projects deliveries in the range of 72,000-75,000 vehicles, implying a rise of 43.9-49.9% year over year. Revenues are estimated between $2.8 billion and $2.9 billion, implying a rise of 15-19.2% year over year.\nNIO currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nPeer Releases\nXPeng’s XPEV third-quarter 2024 ADS loss per share narrowed to 27 cents from the year-ago quarter’s loss of 62 cents. Total revenues rose to $1.44 billion from $1.17 billion reported in the corresponding quarter of 2023. Vehicle margin rose to 8.6% against negative 6.1% for the same period of 2023. Vehicle margins also improved from 6.4% recorded in the second-quarter of 2024. As of Sept. 30, 2024, XPeng’s cash and cash equivalents totaled $1.5 billion and long-term debt at $908 million.\nFor the fourth quarter of 2024, XPeng expects vehicle deliveries in the range of 87,000-91,000, suggesting a rise of 44.6-51.3% year over year. Total revenues are expected to rise 17.2-24.1% year over year.\nLi Auto’s LI third-quarter 2024 ADS earnings per share came in at 52 cents, higher than the year-ago quarter’s 45 cents. Total revenues rose to $6.1 billion from $4.75 billion reported in the corresponding quarter of 2023. Revenues from vehicle sales totaled $5.9 billion, up 22.9% year over year due to strong growth in deliveries. Vehicle margin rose to 20.9% compared with 21.2% for the same period of 2023. Vehicle margins also improved from 18.7% recorded in the second-quarter of 2024.  As of Sept. 30, 2024, Li Auto’s cash and cash equivalents totaled $11 billion and long-term debt at $1.13 billion.\nFor the fourth quarter of 2024, Li Auto expects vehicle deliveries in the range of 160,000-170,000, suggesting a rise of 21.4-29% year over year. Total revenues are expected to rise 3.5-10% year over year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNIO Inc. (NIO) : Free Stock Analysis Report\nLi Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report\nXPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485149298"}