Upcoming Live: NIO Q1 2021 Earnings Conference Call
Hey mooers! Q1 Earnings reporting season is in full swing right now. On Apr. 29, 2021 8:00 PM ET / Apr. 30, 2021 8:00 AM SGT, @moo_live will broadcast the earnings conference call of the leading global smart electric vehicle company
$NIO Inc(NIO.US$.
$NIO Inc(NIO.US$.
Schedule:
NIO Inc(NIO): Apr. 29, 2021 8:00 PM ET / Apr. 30, 2021 8:00 AM SGT
NIO Inc(NIO): Apr. 29, 2021 8:00 PM ET / Apr. 30, 2021 8:00 AM SGT
Earnings Preview
Wall Street forecasts EPS Estimate is -$0.15 (+31.8% Y/Y) and Revenue Estimate is $1.06B (+447.1% Y/Y). Over the last 2 years, NIO has beaten EPS estimates 13% of the time and has beaten revenue estimates 88% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Revenue estimates have seen 0 upward revisions and 0 downward.
Wall Street forecasts EPS Estimate is -$0.15 (+31.8% Y/Y) and Revenue Estimate is $1.06B (+447.1% Y/Y). Over the last 2 years, NIO has beaten EPS estimates 13% of the time and has beaten revenue estimates 88% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Revenue estimates have seen 0 upward revisions and 0 downward.
About NIO, what latest messages you need to know?
Great delivery results in Q1
The Chinese electric vehicle (EV) maker delivered 20.060 EVs during the quarter ending March 31, up 43% year-over-year. In fact, this was also 15.6% higher than the 17,353 electric cars delivered last quarter in Q4. During March the company delivered 7,257 EVs, which was up 30% year-over-year. This effectively was a turnaround from the 22.8% drop in EV deliveries during February. The higher March deliveries also effectively turned the corner for the Q1 quarter, bringing deliveries to record levels.
The Chinese electric vehicle (EV) maker delivered 20.060 EVs during the quarter ending March 31, up 43% year-over-year. In fact, this was also 15.6% higher than the 17,353 electric cars delivered last quarter in Q4. During March the company delivered 7,257 EVs, which was up 30% year-over-year. This effectively was a turnaround from the 22.8% drop in EV deliveries during February. The higher March deliveries also effectively turned the corner for the Q1 quarter, bringing deliveries to record levels.
The global chip shortage is propably affect NIO's production capacity in the Q2
The microchip shortage could cause production delays, which it’s already doing to long-established car manufacturers such as General Motors $General Motors(GM.US$ and Ford $Ford Motor(F.US$.
This week NIO warned it’s likely to miss its Q2 production target of 7,500 cars due to the ongoing chip shortage. It already missed its targets in Q1 for the exact same reason.
The microchip shortage could cause production delays, which it’s already doing to long-established car manufacturers such as General Motors $General Motors(GM.US$ and Ford $Ford Motor(F.US$.
This week NIO warned it’s likely to miss its Q2 production target of 7,500 cars due to the ongoing chip shortage. It already missed its targets in Q1 for the exact same reason.
Quick look at NIO Earnings History
The stock, which had been gathering downward momentum after peaking around mid-February, plunged following NIO's Q4 FY 2020 earnings report released at the beginning of March. The company reported a much larger loss per ADS than analysts expected and revenue also missed estimates. However, NIO's loss narrowed considerably compared to the year-ago quarter and revenue was still up 133.2%.The company was optimistic about its performance, noting that its gross margin rose to 17.2% compared to negative 8.9% in the year-ago quarter.
The stock, which had been gathering downward momentum after peaking around mid-February, plunged following NIO's Q4 FY 2020 earnings report released at the beginning of March. The company reported a much larger loss per ADS than analysts expected and revenue also missed estimates. However, NIO's loss narrowed considerably compared to the year-ago quarter and revenue was still up 133.2%.The company was optimistic about its performance, noting that its gross margin rose to 17.2% compared to negative 8.9% in the year-ago quarter.
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huatSG : up up please
102461240 : This manipulated stock's price has nothing to do with its earnings report.
Hyldas Simulations 102461240: you're very funny :)
Jabur puffer_fx : yes
YS_lks Hyldas Simulations: I’m LOL now.
FickleMinded : Based on this report, anyone thoughts on its direction, up or down in the near term?
Lou Blacksail : chip shortage is indeed limiting its profit margin. If you take everyone else advice on the market, you'll lose 95% of the time. (those statistics were made up on the spot)
Kit Tan : i am keeping a watch on this..
aMaT_tHe_TrAdEr : All stocks are manipulated . Its either which sides you are on.
YuriKatz 102461240: everyone think themselves are investment expert actually no one is expert.
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