Cooper Standard Reports Second Quarter Results and Announces Significant New Fortrex™ Technology Agreement

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Go back to Cooper Standard Reports Second Quarter Results and Announces Significant New Fortrex™ Technology Agreement

Cooper-standard Holdings (CPS) Misses Q2 EPS by 60c, Trims Guidance

August 1, 2019 5:05 PM EDT

Cooper-standard Holdings (NYSE: CPS) reported Q2 EPS of $0.36, $0.60 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $764.8 million versus the consensus estimate of $841.04 million.

GUIDANCE:

Cooper-standard Holdings sees FY2019 revenue of $3-3.2 billion, versus... More