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China Automotive Systems (CAAS) Misses Q1 EPS by 6c; Sees FY11 Growth of 15%

July 22, 2011 7:34 AM EDT
China Automotive Systems (NASDAQ: CAAS) reported Q1 EPS of $0.22, $0.06 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $91 million versus the consensus estimate of $89.24 million.

Management's revenue guidance is for 15% year-over-year growth for the 2011 year.


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Earnings, Guidance