Will Higher-Than-Expected Deliveries Boost NIO's Q4 Earnings?

NIO Inc. (NIO) is slated to release fourth-quarter 2023 results on Mar 5, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 51 cents and $2.29 billion, respectively.The consensus estimate for NIO’s loss per share has widened by a penny in the past 60 days. Its bottom line has remained unchanged from the year-ago reported number. Revenues indicate a year-over-year decline of 1.86%.In the last reported quarter, the company incurred a los ...