Cooper-Standard Holdings Q3 Adj EPS $0.85 Beats $(0.82) Estimate, Sales $736.04M Beat $695.00M Estimate
Portfolio Pulse from bharat@benzinga.com
Cooper-Standard Holdings (NYSE:CPS) reported Q3 earnings of $0.85 per share, beating the analyst consensus estimate of $(0.82) by 203.66%. This is a 149.71% increase over losses of $(1.71) per share from the same period last year. The company also reported quarterly sales of $736.04 million, beating the analyst consensus estimate of $695.00 million by 5.90%. This is a 12.00% increase over sales of $657.15 million the same period last year.
November 02, 2023 | 9:48 pm
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Cooper-Standard Holdings reported strong Q3 earnings and sales, both beating analyst estimates. This indicates a positive financial performance and could lead to a short-term increase in the company's stock price.
Cooper-Standard Holdings reported a significant increase in Q3 earnings and sales compared to the same period last year, and both figures beat analyst estimates. This strong financial performance indicates a positive outlook for the company, which could lead to increased investor confidence and a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100