May 23, 2022 Pre-Market Earnings Report: CAAS, STRR
JThe following companies are expected to report earnings before the market opens on 05/23/2022. See our results calendar for a full list of expected results releases.
China Automotive Systems, Inc. (CAAS) reports for the quarter ending March 31, 2022. The consensus earnings per share forecast for the auto (truck) company from the top analyst tracking the stock is $0.07. This value represents a decrease of 30.00% compared to the same quarter last year. CAAS missed the earnings per share consensus for the 3rd calendar quarter of 2021 by -120%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for CAAS is 9.00 versus an industry ratio of 6.80, implying that they will have higher earnings growth than their competitors in the same industry.
Star Equity Holdings, Inc. (STRR) reports for the quarter ending March 31, 2022. The diversified trading company’s consensus earnings per share forecast from the top analyst tracking the stock is -$0.15. This value represents an increase of 57.14% compared to the same quarter last year. Over the past year, STRRLDays to Cover, as reported in the Brief Interest Update of 04/29/2022, has increased by 290.31% compared to the previous report of 04/14/2022. Zacks Investment Research reports that the 2022 price-to-earnings ratio for STRR is 7.73 versus an industry ratio of 17.40.
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