Benzinga | Nov 12, 2021 06:02AM EST

China Automotive Systems Q3 EPS $(0.01) Misses $0.05 Estimate, Sales $108.20M Miss $119.39M Estimate

China Automotive Systems (NASDAQ:CAAS) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.05 by 120 percent. This is a 112.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $108.20 million which missed the analyst consensus estimate of $119.39 million by 9.37 percent. This is a 5.43 percent decrease over sales of $114.42 million the same period last year.