Benzinga | Aug 19, 2021 05:33PM EDT

Cango Q2 EPS $0.60 Misses $1.62 Estimate, Sales $146.60M Up From $38.79M YoY

Cango (NYSE:CANG) reported quarterly earnings of $0.60 per share which missed the analyst consensus estimate of $1.62 by 62.96 percent. This is a 566.67 percent increase over earnings of $0.09 per share from the same period last year. The company reported $146.60 million in sales this quarter. This is a 277.93 percent increase over sales of $38.79 million the same period last year.