Cooper-Standard surges on Q3 results beat

Cooper-Standard Holdings

03/11/2023 15:35

** Shares of fuel and brake lines maker Cooper-Standard
Holdings Inc  CPS.N  up 43.1% at $18.21
    ** Co reports Q3 adj profit of 85 cents/shr after market
closes on Thursday, ahead of analysts expectations of adj loss
of 82 cents/shr
    ** Co posts Q3 sales of $736.0 mln, up 12%; also beats
analysts estimate of $695 mln- LSEG
    ** CPS shares up 102.6% YTD
    


 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))