Recap: Greenland Technologies Q2 Earnings

Recap: Greenland Technologies Q2 Earnings

 

Greenland Technologies GTEC reported its Q2 earnings results on Friday, August 12, 2022 at 05:00 AM.

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

Earnings

Greenland Technologies missed estimated earnings by 13.33%, reporting an EPS of $0.13 versus an estimate of $0.15.

Revenue was down $7.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 3.81% drop in the share price the next day.

Here's a look at Greenland Technologies's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.09 0.11 0.12 0.11
EPS Actual 0.16 0.03 0.09 0.26
Revenue Estimate 24.36M 24.06M 21.97M 20.60M
Revenue Actual 29.31M 22.90M 23.09M 28.20M

To track all earnings releases for Greenland Technologies visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings