Greenland Technologies Q2 EPS $0.18 Beats $0.03 Estimate, Sales $23.57M Beat $21.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Greenland Technologies (NASDAQ:GTEC) reported Q2 earnings of $0.18 per share, beating the analyst consensus estimate of $0.03 by 500%. This is a 38.46% increase from the same period last year. The company also reported quarterly sales of $23.57 million, beating the analyst consensus estimate of $21.71 million by 8.57%. This is a 14.40% increase from the same period last year.
August 21, 2023 | 12:05 pm
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Greenland Technologies reported strong Q2 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost the company's stock in the short term.
Greenland Technologies reported a significant increase in Q2 earnings and sales, exceeding analyst estimates. This strong financial performance indicates the company's robust operational efficiency and could potentially attract more investors, leading to a rise in the stock price in the short term.
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