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China Automotive Systems Q4 EPS $0.060 Beats $0.040 Estimate, Sales $115.900M Beat $111.300M Estimate

China Automotive Systems (NASDAQ:CAAS) reported quarterly earnings of $0.060 per share which beat the analyst consensus estimate of $0.040 by 50 percent. This is a 160 percent increase over losses of $(0.100) per share

Benzinga · 05/14/2020 10:02

China Automotive Systems (NASDAQ:CAAS) reported quarterly earnings of $0.060 per share which beat the analyst consensus estimate of $0.040 by 50 percent. This is a 160 percent increase over losses of $(0.100) per share from the same period last year. The company reported quarterly sales of $115.900 million which beat the analyst consensus estimate of $111.300 million by 4.13 percent. This is a 6.76 percent decrease over sales of $124.300 million the same period last year.