NIO Q2 Sales $4.736B Miss $4.780B Estimate
NIO (NYSE:NIO) reported quarterly sales of $4.736 billion which missed the analyst consensus estimate of $4.780 billion by 0.92 percent. This is a 78.48 percent increase over sales of $2.654 billion the same period
NIO sold fewer cars than experts predicted this quarter, even though it sold way more than last year. When a company misses what people expected, it can make investors pause and wonder if the company is slowing down.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.