China Fire & Security Group (CFSG) Tops Q2 View; Guides Higher
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China Fire & Security Group (Nasdaq: CFSG) reports Q2 EPS of $0.29, 6 cents better than the analyst estimate of $0.23. Revenue for the quarter was $22.7 million, versus the consensus of $22.34 million.
The Compan reaffirmed its revenue guidance of $88 million to $95 million versus $91.92M. Raised its projected net income to a range of $28.3 million to $29.7 million, or $1.00 to $1.05 versus consensus of $0.98 compared to the Company's previous earnings target of $0.93 to $1.00 per diluted share.
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