China Automotive Systems Reports a 29.2% Increase in Diluted Earnings Per Share Growth in the Third Quarter of 2023

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China Automotive Systems (CAAS) Tops Q3 EPS by 19c, Offers FY23 Revenue Guidance

November 10, 2023 6:01 AM EST

China Automotive Systems (NASDAQ: CAAS) reported Q3 EPS of $0.31, $0.19 better than the analyst estimate of $0.12. Revenue for the quarter came in at $137.5 million versus the consensus estimate of $142.49 million.

GUIDANCE:

China Automotive Systems sees FY2023 revenue of $560 million, versus the... More