ZACKS·2024-11-13 15:06Core Viewpoint - NIO Inc. has experienced a significant decline in stock performance, returning -18.5% over the past month, contrasting with the Zacks S&P 500 composite's +3% change, and the Zacks Automotive - Foreign industry, which lost 3.6% during the same period [1] Earnings Estimate Revisions - For the current quarter, NIO is expected to report a loss of $0.32 per share, reflecting a +13.5% change from the same quarter last year, with the consensus estimate remaining unchanged over the last 30 days [4] - The consensus earnings estimate for the current fiscal year is -$1.37, indicating a +21.7% change from the previous year, with no changes in the estimate over the last 30 days [4] - For the next fiscal year, the consensus estimate is -$0.96, showing a +30.5% change from the prior year, with a slight decrease of -0.6% in the estimate over the past month [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $2.7 billion, representing a year-over-year change of +3.4% [8] - For the current fiscal year, the sales estimate is $9.84 billion, indicating a +26.3% change, while the next fiscal year's estimate of $16.49 billion reflects a +67.6% change [8] Last Reported Results and Surprise History - NIO reported revenues of $2.4 billion in the last quarter, marking a year-over-year increase of +98.5%, with an EPS of -$0.34 compared to -$0.51 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of $2.35 billion by +2.05%, and the EPS surprise was +26.09% [10] - Over the last four quarters, NIO surpassed consensus EPS estimates three times and revenue estimates two times [10] Valuation - NIO is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14]