China Automotive Systems Reiterated FY23 Revenue Of $560.0M Vs $566.71M Est
Portfolio Pulse from Benzinga Newsdesk
China Automotive Systems has reiterated its FY23 revenue forecast of $560.0M, which is slightly lower than the estimated $566.71M.

August 11, 2023 | 10:03 am
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China Automotive Systems' FY23 revenue forecast is slightly lower than the estimated $566.71M, which may impact investor sentiment.
China Automotive Systems has reiterated its FY23 revenue forecast of $560.0M, which is slightly lower than the estimated $566.71M. This lower than expected revenue forecast could negatively impact the company's stock price in the short term as it may lead to a shift in investor sentiment.
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