Investing.com - Nio A ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nio A ADR announced earnings per share of -1.07 on revenue of 9.9B. Analysts polled by Investing.com anticipated EPS of -0.8792 on revenue of 9.78B.
Nio A ADR shares are down 30.62% from the beginning of the year and are trading at 21.98 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Nio A ADR follows other major Consumer Discretionary sector earnings this month
Nio A ADR's report follows an earnings beat by Alibaba ADR on February 24, who reported EPS of 16.87 on revenue of 242.58B, compared to forecasts EPS of 15.93 on revenue of 246.3B.
Nike had beat expectations on Monday with third quarter EPS of 0.87 on revenue of 10.87B, compared to forecast for EPS of 0.7158 on revenue of 10.63B.
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