China Gerui AMG (CHOP) Misses Q4 EPS by 9c; Guides Below For FY12

April 17, 2012 8:07 AM EDT
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China Gerui AMG (NASDAQ: CHOP) reported Q4 EPS of $0.31, $0.09 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $91.9 million versus the consensus estimate of $105.84 million.

China Gerui AMG sees FY2012 EPS of $1.32-$1.37, versus the consensus of $1.56. China Gerui AMG sees FY2012 revenue of $395-$410 million, versus the consensus of $450 million.

In the fourth quarter of fiscal year 2011, the Company experienced a contraction in both its average selling prices and sales volume as compared to the third quarter of fiscal year 2011, primarily due to two factors.

For earnings history and earnings-related data on China Gerui AMG (CHOP) click here.


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