NIO Earnings Are Coming. Investors Are Nervous.

Chinese automaker NIO is set to announce Q2 earnings, with a consensus EPS estimate of -$0.24 and a consensus revenue estimate of $1.27 billion, but analysts are skeptical about the company's performance due to an increasingly difficult macro environment in China and aggressive competition.

Nio is expected to release its Q2 results with an anticipated EPS of -$0.41 and revenue of $1.26 billion, while options traders are pricing in a 10.62% move in Nio stock following the earnings report.

Chinese electric vehicle maker Nio reports an increased loss of $835.1 million in Q2 2023 as deliveries decline due to a transition to a new vehicle platform and a slowdown in China's economy.

Shares of Nio Inc. dropped after the China-based electric-vehicle maker reported second-quarter results that missed expectations but provided a positive revenue outlook for the current quarter.

Chinese electric-vehicle makers NIO, Li Auto, and XPeng have achieved record-breaking delivery numbers, a positive development for both Tesla and BYD, as well as for investors in the EV sector.

Chinese EV maker NIO is down nearly 6% in pre-market trading after announcing a proposed offering of $1 billion in convertible senior notes to reduce debt and strengthen its balance sheet.

Chinese EV maker NIO is planning to raise $1 billion through the issuance of convertible bonds, following in the footsteps of other electric vehicle companies such as Nikola and Fisker.

Chinese electric vehicle manufacturer NIO has launched its own smartphone in an effort to boost its business.