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Greenland Technologies GTEC reported its Q2 earnings results on Friday, August 12, 2022 at 05:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Greenland Technologies missed estimated earnings by 13.33%, reporting an EPS of $0.13 versus an estimate of $0.15.
Revenue was down $7.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 3.81% drop in the share price the next day.
Here’s a look at Greenland Technologies’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.11 | 0.12 | 0.11 |
| EPS Actual | 0.16 | 0.03 | 0.09 | 0.26 |
| Revenue Estimate | 24.36M | 24.06M | 21.97M | 20.60M |
| Revenue Actual | 29.31M | 22.90M | 23.09M | 28.20M |
To track all earnings releases for Greenland Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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