Greenland Technologies (NASDAQ:GTEC) reported its Q1 earnings results on Monday, May 16, 2022 at 05:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Greenland Technologies beat estimated earnings by 77.78%, reporting an EPS of $0.16 versus an estimate of $0.09.
Revenue was up $4.70 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 2.33% drop in the share price the next day.
Here’s a look at Greenland Technologies’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.12 | 0.11 | |
| EPS Actual | 0.03 | 0.09 | 0.26 | 0.21 |
| Revenue Estimate | 24.06M | 21.97M | 20.60M | 81.50M |
| Revenue Actual | 22.90M | 23.09M | 28.20M | 24.61M |
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.
