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.

Earnings

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.

Past Earnings Performance

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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Posted In: EarningsNewsBZI-Recaps
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