China Automotive Systems Reports 2017 First Quarter Results

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Go back to China Automotive Systems Reports 2017 First Quarter Results

China Automotive Systems (CAAS) Misses Q1 EPS by 1c

May 11, 2017 6:33 AM EDT

China Automotive Systems (NASDAQ: CAAS) reported Q1 EPS of $0.18, $0.01 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $119.3 million versus the consensus estimate of $118.36 million.

Mr. Qizhou Wu, chief executive officer of CAAS, commented, "We have maintained our... More