China Gerui Advanced Materials (CHOP +18.2%) shares are strong after the cold-rolled steel...

|About: China Gerui Advanced Materi... (CHOP)|By:, SA News Editor

China Gerui Advanced Materials (CHOP +18.2%) shares are strong after the cold-rolled steel production company reaffirms its 2012 estimates, expecting revenue of $395M-$410M vs. $404M analyst consensus and EPS of $1.32-$1.37 vs. $1.27 consensus. Q1 EPS of $0.24 beat consensus, while revenue of $73M missed.