Analysts forecast a loss of $0.12 per share on $3.76B revenue as delivery growth and margin trends take center stage.
NIO (NIO) will unveil its first-quarter financial results on Thursday, with Wall Street projecting a loss of $0.12 per share on revenue of $3.76 billion. The Chinese electric vehicle maker delivered 29,356 vehicles in April, marking a 22.8% year-over-year increase, driven by expanded product offerings and services.
The company exceeded its Q1 delivery guidance, supported by diversified EV models and growth in after-sales and battery services. Analysts highlight stable gross margins and product mix upgrades as key positives, though near-term challenges like memory chip and battery costs persist.
NIO achieved positive adjusted operating and net margins in Q4, with expectations for further gross margin expansion and cost optimization to improve the bottom line.