Cooper Tire (CTB) Declares $0.105 Quarterly Dividend; 1.3% Yield

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Cooper Tire (CTB) Tops Q4 EPS by 8c, Revenues Miss

February 19, 2019 7:04 AM EST

Cooper Tire (NYSE: CTB) reported Q4 EPS of $0.66, $0.08 better than the analyst estimate of $0.58. Revenue for the quarter came in at $770 million versus the consensus estimate of $773.82 million.

"Our fourth quarter operating margin, excluding the goodwill impairment charge, exceeded what we achieved in the third quarter, excluding the benefit from an adjustment of our product liability reserve model in that quarter. As stated at the beginning of 2018, we expected operating... More