China Automotive Systems, Inc. (NASDAQ:CAAS) is reporting second quarter earnings results on Friday 14th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.04 per share.
For the full year, analysts predict revenues of $ 392.89 million, while looking forward to income of $ 0.11 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 360.00 million ~ $ 360.00 million
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Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CAAS was $ 2.99, representing a 109.09 % increase from the 52 week low of $ 1.43 and a 28.13 % decrease over the 52 week high of $ 4.16.
The company has a market capital of $ 96.69 million and is part of the Consumer Cyclical sector and Auto Parts industry.
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China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the Peoples Republic of China. The company produces rack and pinion power steering gears for cars and light duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic and hydraulic power steering systems and parts. It is also involved in the marketing of automotive parts in North America and Brazil, as well as the provision of after sales, and research and development support services.
