Cooper-standard Holdings (CPS) Misses Q1 EPS by 30c, provides outlook
Cooper-standard Holdings (NYSE: CPS) reported Q1 EPS of ($0.29), $0.30 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $686.4 million versus the consensus estimate of $669.27 million.
Outlook
The Company believes it is well positioned to continue driving sustainable value through profitable growth and margin enhancement. While customer supply chain disruptions, changing trade and tariff policies, geopolitical issues and affordability concerns have impacted and may continue to impact production forecasts, the Company believes that the underlying demand for new light vehicle production in its key operating regions remains strong, supported by the age of the existing fleet, increasing population, increasing numbers of newly licensed drivers, and declining vehicle inventories. The Company remains confident that the continuing successful execution of its plans and strategies, including expanding relationships with new customers and the continued launch of new, innovative programs with enhanced contribution margins and enhanced index-based commercial agreements, will drive increasing profit margins and returns on invested capital over time as markets stabilize.
Following strong actual results in the first three months of the year, the Company believes it is on track to achieve or exceed the targeted ranges for sales and profitability as outlined in its formal guidance for 2026 issued in February. The Company expects to provide a formal update to its full year guidance in conjunction with the release of its second quarter 2026 results.
For earnings history and earnings-related data on Cooper-standard Holdings (CPS) click here.
