China Housing & Land Development (CHLN) Reports Mixed Q3 Results; Guides Q4 Contract Sales

November 11, 2009 7:34 AM EST

China Housing & Land Development Inc. (NASDAQ: CHLN) reports Q3 EPS of $0.07, ex-items, 1 cent lower than the analyst estimate of $0.08. Revenue for the quarter was $23.8 million, which compares to the estimate of $20.40 million.

Sees Q4 contract sales of $32-$34 million.


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Earnings
Guidance

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Comments

CHINA GROWTH 4TH QTR.
THILLS on Nov 11, 2009 08:00 AM

IF THEIR GUIDANCE IS TRUE THEN WE ARE LOOKING AT 50%+ GROWTH IN THE 4TH QTR. NEED SOME JUSTIFICATION AND DETAILS.


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