NIO Stock Sinks Ahead of Q1 Earnings: Is This a Buying Opportunity?
China-based EV company NIO Inc. (NIO) is slated to release first-quarter 2025 results on June 3, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 22 cents a share on revenues of $1.71 billion. The loss estimate for the first quarter of 2025 has widened by 9 cents a share over the past 60 days. However, the bottom-line projection indicates an improvement from a loss of 36 cents reported in the year-ago period. The Zacks Consensus Estimate for quarter ...