China Automotive Systems CAAS announces its next round of earnings this Friday, August 14. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.
Earnings and Revenue
Sell-side analysts are expecting China Automotive Systems's loss per share to be near $0.04 on sales of $87.03 million. China Automotive Systems EPS in the same period a year ago totaled $0.08. Revenue was $105.75 million. The analyst consensus estimate would represent a 150.0% decline in the company's EPS figure. Sales would be down 17.7% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | 0.04 | 0.01 | 0.01 |
| EPS Actual | 0 | 0.06 | 0.13 | 0.08 |
| Revenue Estimate | 55.50 M | 111.30 M | 104.41 M | 121.01 M |
| Revenue Actual | 73.56 M | 115.90 M | 100.54 M | 105.75 M |
Stock Performance
Over the last 52-week period, shares of China Automotive Systems are up 43.66%.
Don't be surprised to see the stock move on comments made during its conference call. China Automotive Systems is scheduled to hold the call at 08:00:00 ET and can be accessed here: http://www.caasauto.com/#/ir/events
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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