Benzinga | Nov 12, 2020 06:04AM EST

China Automotive Systems Q3 EPS $0.08 Beats $0.01 Estimate, Sales $114.40M Beat $109.77M Estimate

China Automotive Systems (NASDAQ:CAAS) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.01 by 700 percent. This is a 38.46 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $114.40 million which beat the analyst consensus estimate of $109.77 million by 4.22 percent. This is a 13.78 percent increase over sales of $100.54 million the same period last year.