China Yuchai Int'l (CYD) Misses Q3 EPS by 28c, Revenues Miss

China Yuchai Int'l (NYSE: CYD) reported Q3 EPS of $0.17, $0.28 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $467.7 million versus the consensus estimate of $571.7 million.

Financial Highlights for the Third Quarter of 2019

• Net revenue increased by 3.7% to RMB 3.3 billion (US$ 467.7 million) compared with RMB 3.2 billion in the third quarter of 2018;
• Gross profit was RMB 524.1 million (US$ 74.1 million), with a gross margin of 15.8%, compared with RMB 607.7 million and a gross margin of 19.1% in the third quarter of 2018;
• Operating profit was RMB 175.8 million (US$ 24.9 million) compared with RMB 251.2 million in the third quarter of 2018;
• Net earnings attributable to China Yuchai\'s shareholders was RMB 50.3 million (US$ 7.1 million) compared with RMB 128.5 million in the third quarter of 2018;
• Earnings per share were RMB 1.23 (US$ 0.17) compared with RMB 3.15 in the third quarter of 2018;
• Total number of engines sold was 70,140 units compared with 71,062 units in the third quarter of 2018.

For earnings history and earnings-related data on China Yuchai Int'l (CYD) click here.

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