Cooper-Standard Holdings Inc. (NYSE:CPS) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 1.64 per share.
Looking ahead, the full year loss are expected at $ 11.65 per share on the revenues of $ 2150.00 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,850.00 million ~ $ 3,050.00 million
Click Here For More Historical Outlooks Of Cooper-Standard Holdings Inc.
Previous Quarter Performance
Cooper-Standard Holdings Inc. announced loss for the second quarter of $ 6.61 per share, from the revenue of $ 340.47 million. The quarterly revenues declined 59.52 percent compared with the same quarter last year. The consensus estimates are loss of $ 7.78 per share from $ 311.00 million in revenue. The bottom line results beat street analysts by $ 1.17 or 15.04 percent, at the same time, top line results outshined analysts by $ 29.47 million or 9.48 percent.
Stock Performance
Shares of Cooper-Standard Holdings Inc. traded low $ -0.30 or -1.68 percent on Wednesday, reaching $ 17.60 with volume of 106.80 thousand shares. Cooper-Standard Holdings Inc. has traded high as $ 17.79 and has cracked $ 16.37 on the downward trend
The closing price of $ 17.60, representing a 169.58 % increase from the 52 week low of $ 6.64 and a 54.48 % decrease over the 52 week high of $ 39.32.
The company has a market capital of $ 297.38 million and is part of the Consumer Cyclical sector and Auto Parts industry.
Cooper-Standard Holdings Inc., through its subsidiary, Cooper-Standard Automotive Inc., designs, manufactures, and sells sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems worldwide. It operates in four segments: North America, Europe, Asia Pacific, and South America. The companys sealing systems include dynamic and static seals, encapsulated glasses, stainless steel trims, flush glass systems, variable extrusions, and specialty sealing products.
