Company Performance - NIO Inc. closed at $4.91, with a daily increase of 1.45%, outperforming the S&P 500's decline of 0.25% [1] - Over the past month, NIO's shares have increased by 24.1%, while the Auto-Tires-Trucks sector gained 6.83% and the S&P 500 gained 2.71% [1] Upcoming Earnings Expectations - Analysts expect NIO Inc. to report earnings of -$0.3 per share, reflecting a year-over-year growth of 11.76% [2] - Revenue is projected at $2.76 billion, which is an increase of 14.78% from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$1.05 per share and revenue at $13.66 billion, indicating year-over-year changes of +30.46% and +49.61%, respectively [3] - Recent adjustments to analyst estimates suggest evolving short-term business trends, with positive revisions indicating analyst optimism [3] Zacks Rank and Industry Position - NIO Inc. currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 1.45% lower over the last 30 days [5] - The Automotive - Foreign industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 207, placing it in the bottom 17% of over 250 industries [6]
NIO Inc. (NIO) Advances While Market Declines: Some Information for Investors