Benzinga | May 12, 2021 06:03AM EDT

China Automotive Systems Q1 EPS $0.10 Beats $0.03 Estimate, Sales $130.30M Beat $116.78M Estimate

China Automotive Systems (NASDAQ:CAAS) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.03 by 233.33 percent. The company reported quarterly sales of $130.30 million which beat the analyst consensus estimate of $116.78 million by 11.58 percent. This is a 77.15 percent increase over sales of $73.56 million the same period last year.