China Automotive Systems (NASDAQ: 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|
|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|
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