Cooper-standard Holdings (CPS) Prelim. Q3 Results Outpace Views
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Cooper-Standard Holdings Inc. Announces Preliminary Third Quarter 2016 Results
October 24, 2016 8:00 AM EDTNOVI, Mich., Oct. 24, 2016 /PRNewswire/ --Â Cooper-Standard Holdings Inc. (NYSE: CPS) ("Cooper Standard," the "Company," or "we") announced today preliminary estimates of its financial results as of and for the quarter ended September 30, 2016.
For the quarter ended September 30, 2016, Cooper Standard estimates that its sales will range from $850.0 million to $860.0 million, compared with sales of $827.5 million for the quarter ended September 30, 2015. The Company estimates that its net income attributable to Cooper-Standard Holdings Inc. will be between $35.0 million and $37.0 million for the quarter ended September 30, 2016, compared with net income attributable to Cooper-Standard Holdings Inc.... More
