NIO Inc. (NIO) reported Q3 EPS of (RMB2.11), RMB1.03 worse than the analyst estimate of (RMB1.08). Revenue for the quarter came in at RMB13 billion versus the consensus estimate of RMB14.08 billion. The company delivered 31,607 vehicles in Q3.
For Q4, NIO guides deliveries of 43,000-48,000 vehicles. Total revenues are expected to be between RMB17,368 million (US$2,442 million) and RMB19,225 million (US$2,703 million).