China Automotive Systems (CAAS) Tops Q2 EPS by 3c, Offers Outlook

China Automotive Systems (NASDAQ: CAAS) reported Q2 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $109.2 million versus the consensus estimate of $130.07 million.

Business Outlook

Management has revised its revenue guidance for the full year 2015 to be even with 2014 due to the China auto market slowdown. This target is based on the Company's current views on operating and market conditions, which are subject to change.

For earnings history and earnings-related data on China Automotive Systems (CAAS) click here.

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