Cooper Standard Reports Third Quarter Results and Announces Significant Progress on Several Strategic Initiatives

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Go back to Cooper Standard Reports Third Quarter Results and Announces Significant Progress on Several Strategic Initiatives

Cooper-standard Holdings (CPS) Reports Q3 EPS of $1.05, Revenues Beat; Offers FY18 Revenue Outlook

November 1, 2018 6:04 PM EDT

Cooper-standard Holdings (NYSE: CPS) reported Q3 EPS of $1.05, versus $2.34 reported last year. Revenue for the quarter came in at $861.7 million versus the consensus estimate of $851.1 million.

"In the third quarter, challenging market conditions, especially in Asia and Europe, and increasing commodity costs negatively impacted... More