===Nio Inc.(NIO) reported earnings on Thur 5 Sept 24 (b/o)

 

NIO reports EPS in-line, revs in-line; guides Q3 revs above consensus

• Reports Q2 (Jun) loss of RMB 2.21 per share, excluding non-recurring items, in-line with the FactSet Consensus of (RMB 2.21); revenues rose 98.9% year/year to RMB 17.45 bln vs the RMB 17.49 bln FactSet Consensus.
• Co issues upside guidance for Q3, sees Q3 revs of RMB19.1-19.7 bln vs. RMB 18.13 bln FactSet Consensus.
  • Deliveries of vehicles to be between 61,000 and 63,000 units, representing an increase of approximately 10.0% to 13.7% from the same quarter of 2023

Earnings this week : Sept 2 - 6, 24 (wk 36)

Monday: Bond and equity markets closed in observance of Labor Day.

 

Tuesday (Sept 3)

• Morning: MOMO
• Afternoon: GTLB PD ZS

Wednesday (Sept 4)

• Morning:  CIEN CNM CRMT CURV DKS DLTR  HRL REVG

• Afternoon: AI AVAV BASE CASY CHPT CPRT CRDO CXM DSGX  HPE PHR VRNT YEXT

Thursday (Sept 5) 

• Morning: KFY  MOV NIO SAIC SCVL TTC
• Afternoon: AGX AVGO BRZE DOCU GWRE IOT PATH  PL  RENT  SMAR SWBI ZUMZ

Friday (Sept 6) 

• Morning: ABM BRC DOOO GCO

Unusual Options Activity Thur 8/8/24

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• CHWY Weekly Aug09 23 calls are seeing interest with the underlying stock up 5% (volume: 4.8K, open int: 920, implied vol: ~84%, prev day implied vol: 61%). Co is expected to report earnings late August.
• NIO Aug 3.5 calls are seeing interest with the underlying stock up 4% (volume: 2.7K, open int: 570, implied vol: ~77%, prev day implied vol: 71%). Co is expected to report earnings late September.
• BIDU Aug 90 calls are seeing interest with the underlying stock up 5% (volume: 3.0K, open int: 6.3K, implied vol: ~46%, prev day implied vol: 44%). Co is confirmed to report earnings August 22 before the open.
• OXY Weekly Aug09 58 calls are seeing interest with the underlying stock up 5% (volume: 4.9K, open int: 3.9K, implied vol: ~25%, prev day implied vol: 24%). Co reported earnings last night.
  

Bearish Put Activity:

• BMBL Aug 3.5 puts are seeing interest with the underlying stock down 31% (volume: 2.6K, open int: 0, implied vol: ~69%, prev day implied vol: 60%). Co reported earnings last night.
  

Sentiment: The CBOE Put/Call ratio is currently: 1.06, VIX: (25.72, -2.33, -7.7%).
August 16 is options expiration -- the last day to trade August equity options.

Unusual Options Activity, Fri 5/19/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• RRC May 30 calls (volume: 1540, open int: 170, implied vol: ~85%, prev day implied vol: 60%). Stock was upgraded to Buy from Neutral at Mizuho; tgt raised to $35. Co is expected to report earnings late July.
• IMGN Jun 15 calls (volume: 3630, open int: 560, implied vol: ~75%, prev day implied vol: 53%).  1050 contracts traded in a single transaction. Co is scheduled to present at a ASCO on June 2. Co is expected to report earnings late July.
• NIO May 7.5 calls (volume: 18.8K, open int: 18.5K, implied vol: ~105%, prev day implied vol: 96%). 3K traded in a single transaction. Co and Autoliv to develop safety technology for future electric vehicles. Co is confirmed to report earnings June 9 before the open.
  

Bearish Put Activity:

• MDB May 290 puts are seeing interest with the underlying stock down 5% (volume: 1800, open int: 40, implied vol: ~87%, prev day implied vol: 56%). Co is confirmed to report earnings June 1 after the close.
• PCG May 16.5 puts (volume: 1650, open int: 0, implied vol: ~26%, prev day implied vol: 23%).  Co is expected to report earnings early August.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.82, VIX: (16.80, +0.75, +4.7%).
June 16 is options expiration -- the last day to trade June equity options.

Unusual Options Activity, Thur 5/18/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• MVIS May 3.5 calls are seeing interest with the underlying stock up 6% (volume: 4310, open int: 500, implied vol: ~159%, prev day implied vol: 78%). Co is expected to report earnings early June.
• EQT May 35 calls are seeing interest with the underlying stock up 4% (volume: 1860, open int: 260, implied vol: ~58%, prev day implied vol: 45%). Co is expected to report earnings late July.
• LAZR May 7 calls are seeing interest with the underlying stock up 4% (volume: 15.3K, open int: 2000, implied vol: ~80%, prev day implied vol: 78%). The stock is extending this week's gains after Chairperson, President & CEO disclosed the purchase of another 1,475,685 worth nearly $8.9 mln. Co is expected to report earnings early August.
  

Bearish Put Activity:

• NIO May 8.5 puts (volume: 8290, open int: 5770, implied vol: ~65%, prev day implied vol: 58%). Co is confirmed to report earnings June 9 before the open.
  
• FTCH Jun 4 puts are seeing interest ahead of earnings tonight after the close (volume: 2120, open int: 10, implied vol: ~97%, prev day implied vol: 92%). 2K traded in a single transaction.

Sentiment: The CBOE Put/Call ratio is currently: 0.94, VIX: (16.79, -0.08, -0.5%).

-=NIO (NIO) reports August deliveries increased 48.3% yr/yr

 

• NIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company's new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia.
• The deliveries consisted of 1,738 ES8s, the Company's six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company's five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company's five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.

Nio Inc.(NIO) reported earnings on Mon 30 Dec 19 (b/o)

** charts after earnings **

 

NIO beats by $0.25, beats on revs; guides Q4 revs above consensus; delivered 4799 vehicles in Q3 vs 3533 in Q2

Reports Q3 (Sep) loss of RMB 2.38 per share, excluding non-recurring items, RMB 0.25 better than the S&P Capital IQ Consensus of (RMB 2.63); revenues rose 21.8% year/year to RMB 1.84 bln vs the RMB 1.65 bln S&P Capital IQ Consensus.

Deliveries of vehicles were 4,799 in the third quarter of 2019 including 4,196 ES6s and 603 ES8s, compared with 3,553 vehicles delivered in the second quarter of 2019.

Gross margin in the third quarter of 2019 was negative 12.1%, compared with negative 33.4% in the second quarter of 2019 and negative 7.9% in the same quarter of 2018.

Co issues upside guidance for Q4, sees Q4 revs of RMB 2.8 bln vs. RMB 2.19 bln S&P Capital IQ Consensus. Deliveries of vehicles to be over 8,000 units, representing an increase of over 66.7% from the third quarter of 2019.

Reports this week : Dec 30 - Jan 3, 20 (wk 53 & 1)

Nio (NYSE:NIO) is finally confirmed to report earnings on December 30. Nio's management team will also host an earnings conference call at 7:00 AM Eastern time (8:00 PM Beijing/Hong Kong time) on that date. Nio cruises into its earnings date with shares up more than 40% over the last 90 days to $2.50, but still trading far below the post-IPO high of $10.64. "NIO's balance sheet implies serious liquidity risk," observes Sanford Bernstein analyst Robin Zhu ahead of the print. "The key will be whether they are able to announce major new financing," he adds. 

Also in the earnings confessional next week, Resources Connection (NASDAQ:RECN) on January 2, as well as both Lamb Weston (NYSE:LW) and Landec (NASDAQ:LNDC) on January 3.

Monday: November Advance International Trade in Goods (prior -$66.50 bln), November Advance Retail Inventories (prior 0.3%), November Advance Wholesale Inventories (prior 0.2%) at 8:30 ET; December Chicago PMI (prior 46.3) at 9:45 ET; and November Pending Home Sales (prior -1.7%) at 10:00 ET

Tuesday: October S&P Case-Shiller Home Price Index (prior 2.1%) and October FHFA Housing Price Index (prior 0.6%) at 9:00 ET; and December Consumer Confidence (prior 125.5) at 10:00 ET. Bond market to close at 14:00 ET

Wednesday: Bond and equity markets closed for New Year's Day

Thursday: Weekly Initial Claims (prior 222,000) and Continuing Claims (prior 1.719 mln) at 8:30 ET

Friday: November Construction Spending (prior -0.8%) and December ISM Manufacturing Index (prior 48.1) at 10:00 ET; weekly natural gas inventories (prior -161 bcf) at 10:30 ET; and weekly crude oil inventories (prior -5.5 mln) at 11:00 ET

-=Nio Inc.(NIO) reported earnings on Tue 24 Sept 19 (b/o)

NIO misses by RMB 1.24, beats on revs; guides Q3 revs below two analyst estimate; implements comprehensive efficiency and cost control measures, cancels conference call 

Reports Q2 (Jun) loss of RMB 3.11 per share, excluding non-recurring items, RMB 1.24 worse than the single analyst estimate of (RMB 1.87); revenues rose 3180.2% year/year to RMB 1.51 bln vs the RMB 1.21 bln two analyst estimate.

Deliveries of the ES8 were 3,140 in the second quarter of 2019, compared with 3,989 vehicles delivered in the first quarter of 2019. Deliveries of the ES6 reached 413 in the second quarter of 2019.

"In response to the overall tempered market conditions, we are also working hard to maximize returns on our resources and have implemented comprehensive efficiency and cost control measures across the organization. These measures aim to further improve efficiency and streamline operations within our sales and service network and R&D activities. We target to reduce our global headcount to be around 7,800 by the end of the third quarter from over 9,900 in January 2019, and aim to further pursue a leaner operation through additional restructuring and spinning off some non-core businesses by year end"

Balance of cash and cash equivalents, restricted cash and short-term investment was RMB3,455.6 million (US$503.4 million) as of June 30, 2019.

Co issues downside guidance for Q3, sees Q3 revs of RMB 1.59-1.66 bln vs. RMB 4.3 bln two analyst estimate; sees deliveries between 4,200 and 4,400 units, representing an increase of approximately 18.2% to 23.8% from the second quarter of 2019

The co also announced that it will not hold its previously scheduled second quarter 2019 earnings conference call at 8:00 a.m. Eastern Time today, Tuesday, September 24, 2019 (8:00 p.m. Beijing Time on September 24, 2019).

Earnings this week : Sept 23 - 27, 19 (wk 39)

Monday (Sept 23)

• Morning: CMD UXIN

Tuesday (Sept 24)

• Morning: AZO BB KMX INFO JBL MANU NEOG NIO
• Afternoon: CTAS NKE SNX

Wednesday (Sept 25)

• Morning: DAVA WOR
• Afternoon: AIR FUL KBH

Thursday (Sept 26)

• Morning: ACN ATU CAG FDS, CCL
• Afternoon: CAMP MTN MU PRGS UEPS

Friday (Sept 27) 

• None

Notable earnings reports:: Ascena Retail Group (NASDAQ:ASNA) on September 23; Nike (NKE), Blackberry (BB), AutoZone (NYSE:AZO), Nio (NYSE:NIO) and CarMax (NYSE:KMX) on September 24; AAR (NYSE:AIR) and KB Home (NYSE:KBH) on September 25; Micron (MU), Carnival (NYSE:CCL), Rite Aid (NYSE:RAD) and ConAgra Brands (NYSE:CAG) on September 26.

***

President Trump will meet with Japanese Prime Minister Shinzo Abe in the week ahead at the annual United Nations General Assembly amid high expectations that a trade deal will be finalized. Heading into the meeting, Tokyo reportedly wants written assurances from Washington that it will not impose hefty tariffs on its auto exports before a finalized deal on farm goods and digital trade is inked. The vibe from the Trump-Abe meeting could impact trading on Nissan (OTCPK:NSANY), Subaru (OTCPK:FUJHY), Toyota (NYSE:TM) and Honda (NYSE:HMC). Meanwhile, economic reports on new home sales, durable goods and consumer spending will give investors a good idea where Q3 stands, while the final reading on Q2 GDP will put a period on the last quarter.

=Nio Inc.(NIO) reported earnings on Tue 5 March 19 (a/h)

American depositary shares of Nio Inc.(NIO) fell more than 8% in the extended session Tuesday after the Shanghai-based electric-car maker posted a wider-than-expected fourth-quarter loss and said deliveries of its flagship electric SUV slowed more than it expected. Nio said it lost 3.5 billion renminbi ($511.5 million) in the quarter, or 49 cents a share. Revenue reached 3.4 billion renminbi ($499.7 million) in the quarter, compared with 1.5 billion renminbi in the third quarter. Nio did not provide year-ago numbers. Analysts polled by FactSet expected a quarterly loss of 32 cents a share on sales of $493 million. Quarterly deliveries of Nio's ES8, an SUV launched last year in the Chinese market, reached 7,980 vehicles, the company said. Deliveries of the ES8 in January and February were 1,805 and 811 vehicles, reflecting "a greater than anticipated slowdown in monthly deliveries," thanks mostly to accelerated deliveries at the end of last year ahead of EV subsidy cuts in China this year, seasonal slowdowns around the January 1 and Lunar New Year holidays, and "the current slowdown of macro-economic conditions in China, particularly in the automotive sector," the company said. Nio ADRs had ended the regular session down 3.9%.

Earnings this week : March 4 - 8, 2019 (wk 10)

Earnings confirmed to report this week:

Monday (March 4)

• Morning: IPAR
• Afternoon: AFH CTRP HUYA NVGS CRM STRL YY

Tuesday (March 5)

• Morning: AFI BNED CIEN GMS GSKY JW.A KSS KFY SINA TGT TPB WB
• Afternoon: AVAV AMBA CDLX COO FATE NIO OOMA AGS PRMW NX QTT  ROST RYI SSW URBN VSLR WMC  

Wednesday (March 6)

• Morning:  ANF AMRC BZUN BJ BF/B CHS DLTR DCI INXN JILL THO
• Afternoon: ABM AEO ASRT BLDP BREW CBPO CMTL DSGX FTK GWRE HIIQ KIDS MYRG REVG WHD YEXT

Thursday (March 7)

• Morning:  BKS BURL CNQ CPG CRCM DESP FLY HOV HRB IGT IMOS KR MEI PLUG REZI SSYS SUP TECD TWI USPH
• Afternoon: AOBC CHUY COST CYRX EB ERII FIZZ  GSHD INSG LOCO MRVL NVEE OEC OKTA TTOO UPLD WTRH

Friday (March 8)

• Morning: ALLO  BIG DSKE MTN NAV