Benzinga | Aug 9, 2021 07:06AM EDT

Kandi Technologies Group Q2 EPS $0.54 Beats $(0.18) Estimate, Sales $29.90M Beat $20.80M Estimate

Kandi Technologies Group (NASDAQ:KNDI) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $(0.18) by 400 percent. This is a 1000 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $29.90 million which beat the analyst consensus estimate of $20.80 million by 43.75 percent. This is a 53.83 percent increase over sales of $19.44 million the same period last year.