$0.19 EPS Expected for SORL Auto Parts, Inc. (SORL)
April 24, 2018 – By marketbeat
Analysts expect SORL Auto Parts, Inc. (NASDAQ:SORL) to report $0.19 EPS on May, 21.They anticipate $0.17 EPS change or 47.22 % from last quarter’s $0.36 EPS. SORL’s profit would be $3.67 million giving it 5.54 P/E if the $0.19 EPS is correct. After having $0.15 EPS previously, SORL Auto Parts, Inc.’s analysts see 26.67 % EPS growth. The stock decreased 2.77% or $0.12 during the last trading session, reaching $4.21. About 101,228 shares traded. SORL Auto Parts, Inc. (NASDAQ:SORL) has risen 122.48% since April 24, 2017 and is uptrending. It has outperformed by 110.93% the S&P500.
SORL Auto Parts, Inc., together with its subsidiaries, develops, makes, and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers and the related aftermarket in the People's Republic of China. The company has market cap of $81.27 million. It operates through two divisions, Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. It has a 3.34 P/E ratio. The firm offers a range of products covering 65 categories and approximately 2000 specifications in automotive brake systems that are principally used in various types of commercial vehicles, such as trucks and buses.
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