Recap: Cango Q3 Earnings

Cango CANG reported its Q3 earnings results on Monday, November 22, 2021 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Cango missed estimated earnings by 940%, reporting an EPS of $-0.42 versus an estimate of $0.05, which surprised analysts.

Revenue was up $60,196,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.02, which was followed by a 3.63% drop in the share price the next day.

Here's a look at Cango's past performance:

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This article was generated by Benzinga's automated content engine and reviewed by an editor.