Investing.com - Nio A ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nio A ADR announced earnings per share of -1.34 on revenue of 10.29B. Analysts polled by Investing.com anticipated EPS of -1.16 on revenue of 9.72B.
Nio A ADR shares are down 45.99% from the beginning of the year and are trading at 17.11 , 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 Home Depot on August 16, who reported EPS of 5.05 on revenue of 43.79B, compared to forecasts EPS of 4.95 on revenue of 43.36B.
Lowe’s had beat expectations on August 17 with second quarter EPS of 4.67 on revenue of 27.48B, compared to forecast for EPS of 4.58 on revenue of 28.12B.
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