NIO Inc. closed at $3.42, up 1.48% and ahead of the S&P 500's 0.66% gain. The company's upcoming quarterly results are projected to show earnings per share of -$0.03, an 85.71% improvement from the same quarter last year, on revenue of $4.97 billion, up 62.42% year over year. For the full year, the Zacks Consensus Estimates anticipate earnings of -$0.13 per share and revenue of $19.1 billion, shifts of +86.73% and +54.89% respectively from last year. Over the past 30 days the consensus EPS projection has moved 19.79% higher, and NIO currently holds a Zacks Rank of #3 (Hold).
NIO IncAnalysts lifted NIO's consensus EPS estimates 19.79% over the past 30 days ahead of quarterly results, an analyst-valuation event.
