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Nio A ADR Earnings, Revenue Beat in Q3

Published 11/17/2020, 11:21 PM
Updated 11/17/2020, 11:21 PM

Investing.com - Nio (NYSE:NIO) A ADR reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Nio A ADR announced earnings per share of -0.98 on revenue of 4.53B. Analysts polled by Investing.com anticipated EPS of -1.23 on revenue of 4.37B.

Nio A ADR shares are down 18.37% from the beginning of the year, still down 13.99% from its 52 week high of 54.17 set on November 13. 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 October 21, who reported EPS of 0.76 on revenue of 8.77B, compared to forecasts EPS of 0.59 on revenue of 8,435M.

Toyota Motor ADR had beat expectations on November 6 with second quarter EPS of 3.26 on revenue of 65.58B, compared to forecast for EPS of 2.13 on revenue of 62.58B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

NIO aint a joke. Look back ten years and Tesla was there. Look back teenty years and Amazon was there. Companies like Tesla and NIO represent future, bit Toyota unlrss theyvtale a U turn. Once famous Kodak, Olivetti, NOKIA, Remington and NCR are no more because they didn’t embrace future.
What a joke. Company is making billions of losses each quarter and has a valuation more than most profitable Automakers LOL.
These valuations are ridiculous imo!
"They are under-performing the EUR/USD which is down 0% from the start of the year".  LOOOOOOOOOOOOOOOOOOOOOOOOOOL
This demonstrates that, all analysts are paid agents. Working for big betting houses and wroting to manipulate the market one way or another
“Nio A ADR shares are down 18.37% from the beginning of the year”... what? It was at $3.72 at the beginning of the year on Jan 03. What are you talking about?!?
Who writes stuff like this? "Nio A ADR shares are down 18.37% from the beginning of the year" Absolutely fake news! Nio is 1059% up since the beginning of the year
 Verdade, nao sabe nada!
Someone who miss nio train and have daddy isues!
Thank god I got in early!!!!
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