Cooper Standard Reports Second Quarter Results

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Go back to Cooper Standard Reports Second Quarter Results

Cooper-standard Holdings (CPS) Misses Q2 EPS by 35c, Beats on Revenues; Boosts FY18 Revenue Outlook

July 31, 2018 5:00 PM EDT

Cooper-standard Holdings (NYSE: CPS) reported Q2 EPS of $2.74, $0.35 worse than the analyst estimate of $3.09. Revenue for the quarter came in at $928.3 million versus the consensus estimate of $908.1 million.

Second Quarter 2018 Highlights

Sales increased 2.1 percent to $928.3 millionNet income of $41.9 million or $2.28 per diluted... More