China Automotive Systems Inc reports results for the quarter ended in March - Earnings Summary

China Automotive Systems

17/05/2021 06:16

* China Automotive Systems Inc  CAAS.OQ  reported quarterly
adjusted earnings of 10 cents​​ per share for the quarter ended
in March. The lone analyst forecast for the quarter was
for earnings of 3 cents per share.
* Revenue rose 77.2% to $130.34 million from a year ago; 
analysts expected $116.78 million. 
* China Automotive Systems Inc's reported EPS for the quarter
was 10 cents​.
* The mean earnings estimate of analysts had fallen by about 40%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* China Automotive Systems Inc shares had fallen by 11.6% this
quarter and lost 32.9% so far this year.
* The company reported quarterly net income of $3.21 million.
* Wall Street's median 12-month price target for China
Automotive Systems Inc is $6.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 17 at 05:15 a.m. GMT.
​All figures in US dollars