Cooper-Standard Holdings Inc reports results for the quarter ended in March - Earnings Summary

Reuters05-07

* Cooper-Standard Holdings Inc reported a quarterly adjusted loss of $1.75​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $-2.68. The mean expectation of two analysts for the quarter was for a loss of $2.01 per share.

* Revenue fell 0.9% to $676.43 million from a year ago; analysts expected $672.50 million.

* Cooper-Standard Holdings Inc's reported EPS for the quarter was a loss of $1.81​.

* The company reported a quarterly loss of $31.66 million.

* Cooper-Standard Holdings Inc shares had risen by 0.1% this quarter and lost 15.2% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 169.8% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

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 "hold."

Wall Street's median 12-month price target for Cooper-Standard Holdings Inc is $22.00 This summary was machine generated from LSEG data May 7 at 05:59 a.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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Mar. 31 2024 -2.01 -1.75 Beat

Dec. 31 2023 -0.79 -1.79 Missed

Sep. 30 2023 -0.82 0.86 Beat

Jun. 30 2023 -1.86 -1.15 Beat

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