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Investing.com - China Automotive reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
China Automotive announced earnings per share of $0.240 on revenue of $137.2M. Analysts polled by Investing.com EPS of $0.040 on revenue of $120.56M.
China Automotive 's are up 49% and is trading at $4.000 , still down 21.87% from its 52 week high of $5.12 set on Wednesday, August 24, 2022.
China Automotive follows other major Consumer Discretionary sector earnings this month
China Automotive's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1 on revenue of $21.98B.
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