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Market Impact: 0.35

Cooper-Standard (CPS) Reports Q1 Loss, Beats Revenue Estimates

CPS
Corporate EarningsCompany FundamentalsAnalyst Estimates

Cooper-Standard (CPS) reported a quarterly loss of $0.29 per share, wider than the Zacks Consensus Estimate for a $0.16 loss. The result also compares unfavorably with earnings of $0.19 per share a year ago, indicating a clear year-over-year deterioration in profitability. The release is likely to pressure the stock modestly as it reflects an earnings miss and weaker fundamentals.

Analysis

Cooper-Standard (CPS) reported a quarterly loss of $0.29 per share, wider than the Zacks Consensus Estimate for a $0.16 loss. The result also compares unfavorably with earnings of $0.19 per share a year ago, indicating a clear year-over-year deterioration in profitability. The release is likely to pressure the stock modestly as it reflects an earnings miss and weaker fundamentals.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

Ticker Sentiment

CPS-0.70