Investing.com - Nio (NYSE:NIO) A ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nio A ADR announced earnings per share of -3.14 on revenue of 7.98B. Analysts polled by Investing.com anticipated EPS of -0.6067 on revenue of 6.18B.
Nio A ADR shares are down 20% from the beginning of the year, still down 41.80% from its 52 week high of 66.99 set on January 11. They are under-performing the EUR/USD which is down 0% from the start of the year.
Nio A ADR follows other major Consumer Cyclical sector earnings this month
Nio A ADR's report follows an earnings beat by Tesla on Monday, who reported EPS of 0.93 on revenue of 10.39B, compared to forecasts EPS of 0.7428 on revenue of 10.42B.
Sony ADR had beat expectations on Wednesday with fourth quarter EPS of 0.7932 on revenue of 20.38B, compared to forecast for EPS of 0.3297 on revenue of 19.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar