Cooper-Standard Holdings Inc CPS.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -64 cents. The lone analyst forecast for the quarter was for a loss of 6 cents per share.
Revenue fell 0.3% to $705.97 million from a year ago; analysts expected $687.00 million.
Cooper-Standard Holdings Inc's reported EPS for the quarter was a loss of 8 cents.
Cooper-Standard Holdings Inc shares had risen by 13.3% this quarter and gained 79.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 84.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"
Wall Street's median 12-month price target for Cooper-Standard Holdings Inc is $29.00, about 16.9% above its last closing price of $24.10
This summary was machine generated from LSEG data July 31 at 10:21 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)