Nio A ADR earnings, Revenue beat in Q2

Nio A ADR earnings, Revenue beat in Q2 - Nio A ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Nio A ADR announced earnings per share of -0.79 on revenue of 9.91B. Analysts polled by anticipated EPS of -0.9266 on revenue of 9.9B.

Nio A ADR shares are down 35.67% from the beginning of the year and are trading at 20.38 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.

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 Thursday, May 26, 2022, who reported EPS of 7.95 on revenue of 204.05B, compared to forecasts EPS of 7.1 on revenue of 199.47B.

Home Depot had beat expectations on Tuesday, May 17, 2022 with first quarter EPS of 4.09 on revenue of 38.91B, compared to forecast for EPS of 3.69 on revenue of 36.71B.

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