China Yuchai International (CYD) Releases Quarterly Earnings Results, Misses Expectations By $0.11 EPS

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China Yuchai International (NYSE:CYD) issued its quarterly earnings data on Thursday. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.11), Morningstar.com reports. The company had revenue of $463.63 million for the quarter, compared to analysts’ expectations of $574.76 million. China Yuchai International had a return on equity of 27.31% and a net margin of 5.90%.

Shares of NYSE:CYD opened at $14.21 on Friday. The company has a market cap of $631.36 million, a PE ratio of 5.35 and a beta of 1.42. China Yuchai International has a twelve month low of $13.67 and a twelve month high of $27.98.

Several analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of China Yuchai International from a “buy” rating to a “hold” rating in a research report on Tuesday, October 30th. ValuEngine downgraded shares of China Yuchai International from a “sell” rating to a “strong sell” rating in a research report on Monday, October 8th.

Several large investors have recently modified their holdings of the company. Northern Trust Corp lifted its position in shares of China Yuchai International by 6.3% during the 1st quarter. Northern Trust Corp now owns 48,182 shares of the company’s stock worth $1,020,000 after buying an additional 2,850 shares during the last quarter. Ramsey Quantitative Systems lifted its position in shares of China Yuchai International by 40.3% during the 3rd quarter. Ramsey Quantitative Systems now owns 20,827 shares of the company’s stock worth $360,000 after buying an additional 5,980 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of China Yuchai International by 13.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 52,595 shares of the company’s stock valued at $908,000 after acquiring an additional 6,303 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in shares of China Yuchai International in the 2nd quarter valued at $202,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of China Yuchai International by 7.4% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 162,068 shares of the company’s stock valued at $3,517,000 after acquiring an additional 11,150 shares during the period. Institutional investors and hedge funds own 26.85% of the company’s stock.

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About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel and natural gas engines for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets.

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Earnings History for China Yuchai International (NYSE:CYD)

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