China Automotive Systems Reports a 26.8% Net Sales Increase in 2022 Third Quarter and 175% Diluted EPS Growth in First Nine Months

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Go back to China Automotive Systems Reports a 26.8% Net Sales Increase in 2022 Third Quarter and 175% Diluted EPS Growth in First Nine Months

China Automotive Systems (CAAS) Tops Q3 EPS by 20c; Offers FY22 Revenue Guidance

November 14, 2022 6:35 AM EST

China Automotive Systems (NASDAQ: CAAS) reported Q3 EPS of $0.24, $0.20 better than the analyst estimate of $0.04. Revenue for the quarter came in at $137.2 million versus the consensus estimate of $120.56 million.

GUIDANCE:

China Automotive Systems sees FY2022 revenue of $540 million, versus the... More