China Automotive Systems Reports Fourth Quarter and Fiscal 2016 Results

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China Automotive Systems (CAAS) Misses Q4 EPS by 1c

March 30, 2017 6:03 AM EDT

China Automotive Systems (NASDAQ: CAAS) reported Q4 EPS of $0.18, $0.01 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $149.6 million versus the consensus estimate of $134.95 million.

Net sales were $149.6 million, up 24.6% from $120.1 million in the fourth quarter of... More