Investing.com - CWB Automotive Electronics Co reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CWB Automotive Electronics Co announced earnings per share of ¥0.12 on revenue of ¥377.80. Analysts polled by Investing.com anticipated EPS of ¥0.18 on revenue of ¥1,422M.
CWB Automotive Electronics Co shares are down 33% from the beginning of the year, still down 46.86% from its 52 week high of ¥29.26 set on November 30, 2021.
CWB Automotive Electronics Co follows other major Consumer Discretionary sector earnings this month
CWB Automotive Electronics Co's report follows an earnings beat by Fuyao Glass A on October 21, who reported EPS of ¥0.58 on revenue of ¥7.54B, compared to forecasts EPS of ¥0.4079 on revenue of ¥7.61B.
Huizhou Desay A had missed expectations on Wednesday with third quarter EPS of ¥0.31 on revenue of ¥3.70B, compared to forecast for EPS of ¥0.5081 on revenue of ¥3.77B.
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