China Automotive Systems Reports 2019 First Quarter Results
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China Automotive Systems (CAAS) Tops Q1 EPS by 3c, Revenues Miss; Affirms FY19 Revenue Guidance
May 9, 2019 6:30 AM EDTChina Automotive Systems (NASDAQ: CAAS) reported Q1 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $109.2 million versus the consensus estimate of $126.56 million.
Net sales decreased 18.5% to $109.2 million from $134.0 million in the first quarter of 2018Net... More