China Automotive's profit of $0.14 exceeded expectations, with earnings also surpassing forecasts.

According to China Automotive's (NASDAQ: CAAS) report, the earnings per share for the first quarter was $0.300, exceeding analysts' expectations of $0.160 by $0.14. The reported profit for this quarter was set at $188.7 million, while analyst forecasts were at $147.52 million.

For the fiscal year 2025, China Automotive's profit is projected to be $700 million, surpassing analyst estimates of $593.1 million. The company’s stock closed at $5.26, indicating a 30.2% increase over the past three months and a 48.17% gain over the last year. While the company has seen positive earnings per share in the last 90 days, it has also experienced some negative figures. Check how China Automotive’s stock price reacted to past earnings reports and explore their latest financial data for more insights.