NIO Inc. NIO incurred a fourth-quarter 2024 loss per American Depositary Share (ADS) of 47 cents, wider than the Zacks Consensus Estimate of a lack of 33 cents. The corporate had reported a lack of 45 cents within the year-ago quarter. This China-based electrical automobile maker posted revenues of $2.7 billion, which missed the Zacks Consensus Estimate of $2.85 billion. The highest line, nonetheless, rose 12.5% from the prior-year degree.
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NIO Inc. Worth, Consensus and EPS Shock
NIO Inc. price-consensus-eps-surprise-chart | NIO Inc. Quote
Key Takeaways
NIO delivered 72,689 automobiles within the fourth quarter, up 45.2% yr over yr, together with 19,929 automobiles from the newly launched ONVO model. Revenues generated from automobile gross sales amounted to $2.39 billion, up 10.1% yr over yr on account of a rise in supply quantity. Different gross sales of $281.6 million rose 30.2% on a year-over-year foundation.
Gross revenue was $316.3 million, up 75.5% from the year-ago degree, because of decreased value of gross sales. Gross margin was 11.7%, up from 7.5% a yr in the past. Automobile margin within the reported quarter climbed to 13.1% from 11.9% within the fourth quarter of 2023 on account of decrease materials value per unit.
Analysis & growth prices amounted to $498.1 million, which decreased 10.9% yr over yr. Promoting, basic & administrative prices totaled $668.3 million, down 19.4% yr over yr. Loss from operations decreased to $826.5 million from $933.2 million a yr in the past. As of Dec. 31, 2024, money and money equivalents totaled $5.7 billion and long-term debt amounted to $1.57 billion.
For first-quarter 2025, NIO initiatives deliveries within the vary of 41,000-43,000 automobiles, implying an increase of 36.4-43.1% yr over yr. Revenues are estimated between $1.69 billion and $1.76 billion, suggesting an uptick of 23.3-28.5%.
NIO’s Zacks Rank & Key Picks
NIO carries a Zacks Rank #3 (Maintain) at current.
Some better-ranked shares within the auto area are China Yuchai Worldwide Restricted CYD, Dana Integrated DAN and Strattec Safety Company STRT, every sporting a Zacks Rank #1 (Sturdy Purchase) at current. You possibly can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for CYD’s 2025 gross sales and earnings signifies year-over-year progress of 9.17% and 36.84%, respectively. EPS estimates for 2025 have improved 26 cents previously 30 days.
The Zacks Consensus Estimate for DAN’s 2025 earnings implies year-over-year progress of 70.21%. EPS estimates for 2025 and 2026 have improved 10 cents every previously 30 days.
The Zacks Consensus Estimate for STRT’s 2025 gross sales signifies year-over-year progress of two.61%. EPS estimates for 2025 and 2026 have improved 91 cents and $1.06, respectively, previously 30 days.
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NIO Inc. (NIO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
