Benzinga | May 10, 2021 07:22AM EDT

Kandi Technologies Group Q1 EPS $(0.08) Misses $(0.02) Estimate, Sales $16.00M Miss $28.00M Estimate

Kandi Technologies Group (NASDAQ:KNDI) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $(0.02) by 300 percent. This is a 166.67 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $16.00 million which missed the analyst consensus estimate of $28.00 million by 42.86 percent. This is a 151.10 percent increase over sales of $6.37 million the same period last year.