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Zhejiang CFMoto Power earnings miss, Revenue beats in Q3

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Investing.com – Zhejiang CFMoto Power reported on Friday third quarter that missed analysts’ forecasts and revenue that topped expectations.

Zhejiang CFMoto Power announced earnings per share of ¥1.68 on revenue of ¥3.73. Analysts polled by Investing.com anticipated EPS of ¥2.15 on revenue of ¥3.12B.

Zhejiang CFMoto Power shares are down 54% from the beginning of the year and are trading at ¥149.87 , down-from-52-week-high.

Zhejiang CFMoto Power follows other major Consumer Discretionary sector earnings this month

Zhejiang CFMoto Power’s report follows an earnings beat by Fuyao Glass A on Friday, who reported EPS of ¥0.58 on revenue of ¥7.54B, compared to forecasts EPS of ¥0.4079 on revenue of ¥7.61B.

Great Star Ind A had missed expectations on Friday, August 26, 2022 with second quarter EPS of ¥0.46 on revenue of ¥3.36B, compared to forecast for EPS of ¥0.52 on revenue of ¥3.36B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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