China Automotive Systems: Q2 Earnings Insights

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China Automotive Systems CAAS reported its Q2 earnings results on Friday, August 12, 2022 at 06:00 AM.

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

Earnings

China Automotive Systems posted an EPS of $0.31.

Revenue was up $6.56 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 1.03% increase in the share price the next day.

Here's a look at China Automotive Systems's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.07   0.05 0.07
EPS Actual 0 0.16 -0.01 0.10
Revenue Estimate 126.27M 126.10M 119.39M 118.18M
Revenue Actual 136.40M 138.80M 108.23M 120.60M

To track all earnings releases for China Automotive Systems visit their earnings calendar here.

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

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