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Earnings Update: Wonder Auto Technology Releases its Quarterly Earnings on August 03, 2010 (WATG)

By Chip Brian

Analysts, on average, expect Wonder Auto Technology (NASDAQ:WATG) to report earnings of $0.22 on sales of $66 million on August 03, 2010.
For the full year, analysts expect the company to post EPS of $0.90. In the year-ago period, the company reported EPS of $0.20 on sales of $50 million.
In the previous quarter, the company reported EPS of $0.17, missing consensus estimates of $0.22.
SmarTrend is bearish on shares of Wonder Auto Technology and our subscribers were alerted to Sell on May 05, 2010 at $10.57. The stock has fallen 20% since the alert was issued.

Keywords: wonder auto technology earnings preview

Ticker(s): WATG