🔥Stock Prediction: How will NIO close following their Earnings Report on September 7?
Click to vote. Can you predict where $NIO Inc.(NIO)$ will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.$NIO Inc.(NIO)$ is scheduled to announce its Q2 earnings results before the market opens on Wednesday, 7 September 2022. Lets's guess where NIO will move following their earnings?
💡Highlights of this quarter:
Previously released data has shown that NIO delivered 25,059 vehicles in the second quarter, down 2.75 percent from 25,768 in the first quarter and up 14.45 percent from 21,896 in the same period last year.NIO's previous guidance for second-quarter deliveries was 23,000-25,000 units. Its actual deliveries in the second quarter were above the upper end of the range.
NIO's local peers XPeng Motors and Li Auto both previously reported second-quarter revenue that exceeded expectations, but their guidance for the third quarter was very weak. It is important for investors to focus on guidance for the second half of the year in this earnings report
✅ NIO Q2 earnings consensus
NIO's revenue guidance for the second quarter was RMB 9.34 billion-10.09 billion, representing a 10.6 percent to 19.4 percent year-on-year increase. Wall Street Consensus Estimate for EPS has been RMB -1.25 per share over the past 30 days. The consensus mark for revenues is currently pegged at RMB 9.91 billion
💰Activity Details
- Click to vote. Guess where $NIO Inc.(NIO)$ will move following their earnings? If you get correct answers, you can get 20 Tiger Coins.
- Reply and forward this post, share your insights about NIO's financial reports, we will give 100 Tiger Coins with outstanding comments.
⏰Event Time
The deadline for this event is 22:00 on 7 September 2022, SGT
🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$
How will NIO close following their Earnings Report on September 7?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
I guess it will be down?
Just a random wild guess [Grin].
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NIO chart looks bearish, may drop to $13