• NIO Inc NIO.N reported a quarterly adjusted loss of CNY2.91​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of CNY-2.28. The mean expectation of seven analysts for the quarter was for a loss of CNY2.16 per share. Wall Street expected results to range from CNY-2.46 to CNY-1.83 per share.

• Revenue fell 0% to CNY19.07 billion from a year ago; analysts expected CNY19.19 billion.

• NIO Inc's reported EPS for the quarter was a loss of CNY2.67​.

• The company reported a quarterly loss of CNY4.63 billion.

• NIO Inc shares had fallen by 30.7% this quarter and lost 49.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the auto & truck manufacturers peer group is also "buy"

Wall Street's median 12-month price target for NIO Inc is $6.80

This summary was machine generated from LSEG data November 20 at 02:30 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)