Recap: Niu Technologies Q3 Earnings

Niu Technologies NIU reported its Q3 earnings results on Monday, November 22, 2021.

Here's what investors need to know about the announcement.

Niu Technologies missed estimated earnings by 35.71%, reporting an EPS of $0.18 versus an estimate of $0.28, which surprised analysts.

Revenue was up $58,594,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 9.35% increase in the share price the next day.

Here's a look at Niu Technologies's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.16	0.04	0.09	0.22
EPS Actual	0.18	-0.01	0.11	0.15
Revenue Estimate	156.04M	79.68M	95.24M	149.28M
Revenue Actual	146.32M	83.54M	102.99M	131.74M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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