Cooper Tire (CTB) Misses Q1 EPS by 7c

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Cooper Tire & Rubber Company Reports First Quarter 2015 EPS of $0.69; Americas Segment Unit Volume Grows 5 Percent

May 1, 2015 7:00 AM EDT

Net sales were $663 million Operating profit was $70 million, or 10.6 percent of net sales Completed $200 million accelerated share repurchase and launched new $200 million share repurchase

FINDLAY, Ohio--(BUSINESS WIRE)-- For the quarter ended March 31, 2015, Cooper Tire & Rubber Company (NYSE: CTB) today announced that net income attributable to Cooper Tire & Rubber Company was $41 million, or $0.69 per share, compared with $45 million, or $0.71 per share, last year. Net sales were $663 million compared with $796 million in the first quarter of 2014.... More