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Cango Q2 Adj. EPS $0.09 Beats $0.05 Estimate, Sales $38.80M Miss $48.67M Estimate

Cango (NYSE:CANG) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.05 by 80 percent. This is a 18.18 percent decrease over earnings of $0.11 per share from the same period

Benzinga · 08/24/2020 20:31
Cango (NYSE: CANG) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.05 by 80 percent. This is a 18.18 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $38.80 million which missed the analyst consensus estimate of $48.67 million by 20.28 percent. This is a 20.80 percent decrease over sales of $48.99 million the same period last year.