• NIO Inc NIO.N reported a quarterly adjusted loss of CNY3.01​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of CNY-2.39. The mean expectation of six analysts for the quarter was for a loss of CNY2.56 per share. Wall Street expected results to range from CNY-3.07 to CNY-1.66 per share.

• Revenue rose 21.5% to CNY12.03 billion from a year ago; analysts expected CNY12.54 billion.

• NIO Inc's reported EPS for the quarter was a loss of CNY3.29​.

• The company reported a quarterly loss of CNY6.89 billion.

• NIO Inc shares had fallen by 7.6% this quarter and lost 19.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is "buy."

• Wall Street's median 12-month price target for NIO Inc is $5.10

This summary was machine generated from LSEG data June 3 at 01:36 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)