Cooper Tire (CTB) Tops Q2 EPS by 42c

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Go back to Cooper Tire (CTB) Tops Q2 EPS by 42c

Cooper Tire & Rubber Company Reports Second Quarter 2020 Results

August 3, 2020 7:00 AM EDT

FINDLAY, Ohio--(BUSINESS WIRE)-- Cooper Tire & Rubber Company (NYSE: CTB) today reported a second quarter 2020 net loss of $6 million, or diluted loss per share of $0.12, compared with net income of $9 million, or $0.18 diluted earnings per share, for the same period last year.

Second Quarter Highlights

Global unit volume decreased 27.5 percent compared to the second quarter of 2019. The company increased market share in the United States. In Asia, third-party unit sales increased 4.5 percent compared with the same period a year... More