Sorl Auto Parts (SORL) Tops Q4 EPS by 8c; Issues Confident FY15 Revenue Outlook

Sorl Auto Parts (NASDAQ: SORL) reported Q4 EPS of $0.20, $0.08 better than the analyst estimate of $0.12. Revenue for the quarter came in at $63.2 million versus the consensus estimate of $55.9 million.

For the fiscal year 2015, management expects net sales to be approximately $256.0 million and net income to be approximately $20.3 million. These targets are based on the Company's current views on the operating and market conditions, which are subject to change.

*** The Street is looking for FY15 revenue of $243.9 million.

For earnings history and earnings-related data on Sorl Auto Parts (SORL) click here.

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