Nio (NYSE: NIO) posted its first-quarter earnings report on June 9. The Chinese electric-vehicle (EV) maker’s revenue rose 8% year over year to a U.S. equivalent of $1.55 billion, which missed analysts’ estimates by $80 million. Go to Source
Author: Yarhow_Finance Online News
Should Investors Buy Nio Stock Right Now?
Fool.com contributor and finance professor Parkev Tatevosian shares his analysis of Nio’s (NYSE: NIO) latest quarterly report. *Stock prices used were the afternoon prices of June 8, 2023. The video was published on June 10, 2023. Go to Source
NIO Inc. (NYSE:NIO) Q1 2023 Earnings Call Transcript
NIO Inc. (NYSE:NIO) Q1 2023 Earnings Call Transcript June 9, 2023 NIO Inc. beats earnings expectations. Reported EPS is $-0.18, expectations were $-0.33. Operator: Hello, ladies and gentlemen, thank you for standing by, and welcome to the NIO Incorporated First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.… Continue reading NIO Inc. (NYSE:NIO) Q1 2023 Earnings Call Transcript
Q1 2023 NIO Inc Earnings Call
Participants Eve Tang; IR; NIO Inc. William Li; CEO; NIO Inc. Steven Feng; CFO; NIO Inc. Tim Hsiao; Analyst; Morgan Stanley Bin Wang; Analyst; Credit Suisse Ming-Hsun Lee; Analyst; Bank of America Yuqian Ding; Analyst; HSBC Nick Lai; Analyst; JP Morgan Paul Gong; Analyst; UBS Xing Chang; Analyst; CICC Vijay Rakesh; Analyst; Mizuho William Bin… Continue reading Q1 2023 NIO Inc Earnings Call
Nio (NIO) Q1 2023 Earnings Call Transcript
Image source: The Motley Fool. Nio (NYSE: NIO)Q1 2023 Earnings CallJun 09, 2023, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, ladies and gentlemen, thank you for standing by and welcome to the NIO, Inc. Go to Source
What Makes Bridgestone Corp. (BRDCY) a New Strong Buy Stock
Bridgestone Corp. (BRDCY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company’s changing earnings picture. It tracks EPS… Continue reading What Makes Bridgestone Corp. (BRDCY) a New Strong Buy Stock
Are Investors Undervaluing BorgWarner (BWA) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to… Continue reading Are Investors Undervaluing BorgWarner (BWA) Right Now?
Tesla’s GM deal, Nio earnings, Corning upgrade: Top tickers
Tesla shares trade higher after the company announced its EV charging partnership with GM. Nio’s reported mixed Q1 earnings results. Corning stock gets upgraded to “overweight” by Morgan Stanley. Yahoo Finance Live breaks down some of the top tickers of the day. Go to Source
Stocks to Watch Friday: DocuSign, Tesla, Carvana, NIO
**↗️** [**DocuSign (DOCU)**](https://www.wsj.com/market-data/quotes/DOCU): Shares rose 2.2% in early trading after the e-signature company posted its [second consecutive profitable quarter](https://www. Go to Source
NIO Inc. Reports Unaudited First Quarter 2023 Financial Results
Quarterly Total Revenues reached RMB10,676.5 million (US$1,554.6 million)iQuarterly Vehicle Deliveries were 31,041 units SHANGHAI, China, June 09, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the first… Continue reading NIO Inc. Reports Unaudited First Quarter 2023 Financial Results