China Automotive Systems Inc expected to post earnings of 3  cents a share - Earnings Preview

China Automotive Systems

10/05/2021 14:05

* China Automotive Systems Inc  CAAS.OQ   CAAS.O  is expected
to show a rise in quarterly revenue when it reports results on
May 12 .
* The Jingzhou, Hubei-based company is expected to report   a
58.8% increase in revenue to $116.777 million from $73.56
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for China Automotive
Systems Inc is for earnings of 3 cents per share. For the same
quarter last year, the company reported breakeven results per
share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for China
Automotive Systems Inc is $5​, about 13.4% above​ its last
closing price of $4.33. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020              0.01       0.04      Beat    300
 Sep. 30 2020  0.01        0.01       0.08      Beat    700
 Jun. 30 2020  -0.04       -0.04      -0.13     Missed  -225​
 Mar. 31 2020  -0.09       -0.09      0.00      Beat    100
 Dec.          ​           0.04       0.06      Beat    50​
 31​ 2019​                                              
 Sep. 30 2019  0.01        0.01       0.13      Beat    1,200​
 Jun. 30 2019  0.01        0.01       0.08      Beat    700
 Mar. 31 2019  0.02        0.02       0.05      Beat    150
 This summary was machine generated May 10 at 13:05 GMT.  All
figures in US dollars unless otherwise stated