moomoo ID:0
Log Out
Log in to access Online Inquiry
61% of people live paycheck-to-paycheck: How to grow money?
Views 16KContents 44
Moo Earnings
joined discussion06/07/2022 21:24

NIO Q1 2022 Earnings Preview – Betting the % change in closing price to win!

Win Rewards:
Place your Bet on NIO's percentage change (US Market) in closing price (i.e.+3%) of June 9 ET by 3:00 PM, June 9 ET. The mooer with the closest bet will win 300 points!
Dear mooers,
NIO's first-quarter 2022 Earnings Conference Call is to be released on June 9 prior to the opening of U.S. markets! The consensus estimate for revenue is expected at $1.5 billion, indicating a nearly 47.6% YoY growth. The EPS is estimated at $ –0.13 for Q1 2022.
The main driver of EV's stock price seems to continue to be the company's delivery growth. In April, NIO disappointed the market with a delivery of 5,074 vehicles, which represents a YoY growth of only 13.5%. Besides, according to a regulatory report filed in May, Norway's central bank (Norges Bank), has liquidated its entire position in NIO with an estimated value of $ 4 million. NIO's stock price plunged approximately 21% during April.
However, NIO is still one of the few EV makers to generate positive free cash flow. NIO raised prices for both its vehicles and battery-as-a-service program in April. According to NIO's former guidance, the string of losses is expected to end in 2024. Moreover, the EV supply chain in East China has been resumed since May. For NIO, it seems the difficulties are temporary, and its market opportunities remain unchanged.
The upcoming earnings results might offer more explanation and create more trading opportunities!
Rewarding points will be distributed within 5-10 working days after the results are announced.
Rewarding points can be used to exchange gifts at Rewards Club.
You may also be interested in:
NIO Q1 2022 Earnings Conference Call
Moomoo is an app offered by Moomoo Technologies Inc. that provides information about investments. Moomoo Technologies is not an investment adviser or a broker-dealer and it provides neither investment or financial advice nor securities trading services. All contents such as comments and links posted or shared by users of the community are opinions of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Technologies, its affiliates, or any employees of Moomoo Technologies or its affiliates. You are advised to consult a qualified financial or tax advisor for your personal financial planning and tax situations. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.
49 Comments · 62K Views