China Automotive Systems Q3 EPS $0.31 Up From $0.24 YoY, Sales $137.54M Up From $137.21M YoY
Portfolio Pulse from Benzinga Newsdesk
China Automotive Systems (NASDAQ:CAAS) reported Q3 earnings of $0.31 per share, a 29.17% increase YoY. However, the company's quarterly sales of $137.54 million missed the analyst consensus estimate of $142.49 million by 3.47%.
November 10, 2023 | 11:07 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
China Automotive Systems reported a YoY increase in Q3 earnings but missed sales estimates.
While the company reported a YoY increase in earnings, it missed sales estimates, which could have a mixed impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100