Sorl Auto Parts (SORL) Tops Q4 EPS by 24c

Sorl Auto Parts (NASDAQ: SORL) reported Q4 EPS of $0.43, $0.24 better than the analyst estimate of $0.19. Revenue for the quarter came in at $82.9 million versus the consensus estimate of $64.96 million.

Fourth Quarter 2016 Financial Highlights

• Net sales for the 2016 fourth quarter rose 45.7% to $82.9 million from $56.9 million;
• Operating margin was 12.9% as compared to 10.8% in the fourth quarter of 2015;
• Net Income attributable to stockholders was $8.3 million, or $0.43 per diluted share, compared with $5.9 million, or $0.31 per diluted share in the fourth quarter of 2015.

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

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