Cooper Tire (CTB) Tops Q3 EPS by $1.75
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Cooper Tire & Rubber Company Reports Third Quarter 2020 Results
October 29, 2020 7:00 AM EDTFINDLAY, Ohio--(BUSINESS WIRE)-- Cooper Tire & Rubber Company (NYSE: CTB) today reported third quarter 2020 net income of $123 million, or diluted earnings per share of $2.42, compared with net income of $29 million, or $0.58 diluted earnings per share, for the same period last year.
Third Quarter Highlights
Global unit volume increased 0.5 percent compared to the third quarter of 2019. Strong light vehicle unit volume growth of 9 percent in the United States was offset by a unit volume decline in Latin America due to challenging market... More