Earnings Volatility Drives These Stocks in a New Direction
Fuel Systems Solutions, Inc. (NASDAQ:FSYS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 18.18% to $0.13 in the quarter versus EPS of $0.11 in the year-earlier quarter. Revenue Rose 1.97% to $111.1 million from the year-earlier quarter.
Fuel Systems Solutions, Inc. reported adjusted EPS income of $0.13 per share. By that measure, the company beat the mean analyst estimate of $0.09. It beat the average revenue estimate of $107.48 million.