NIO (NYSE:NIO) Issues Quarterly Earnings Results, Misses Estimates By $1.96 EPS
NIO (NYSE:NIO) announced its quarterly earnings data on Monday, December 30th. The company reported ($2.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.42) by ($1.96), Briefing.com reports. NIO had a negative return on equity of 947.90% and a negative net margin of 142.51%. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.65 billion. The company’s quarterly revenue was up 21.8% on a year-over-year basis. NIO updated its Q4 2019
Pre-Market guidance to EPS.
NIO stock opened at $3.76 on Wednesday. The company has a market capitalization of $3.60 billion, a PE ratio of -0.37 and a beta of 2.88. NIO has a 12 month low of $1.19 and a 12 month high of $10.64. The stock has a 50-day moving average price ...