Cooper Tire (CTB) Declares $0.105 Quarterly Dividend; 1.9% Yield

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Go back to Cooper Tire (CTB) Declares $0.105 Quarterly Dividend; 1.9% Yield

Cooper Tire (CTB) Misses Q1 EPS by 10c, Withdraws Outlook

May 7, 2020 7:13 AM EDT

Cooper Tire (NYSE: CTB) reported Q1 EPS of ($0.23), $0.10 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $532 million versus the consensus estimate of $556.16 million.

Outlook:

Due to the rapidly evolving environment and continued uncertainties resulting from the coronavirus pandemic, Cooper withdraws its previously announced full year 2020 outlook, which was issued on February 24. We cannot at this time... More