Revenue: Decreased 12.45% to $861.7 million from the year-earlier quarter. Actual vs. Wall St. Expectations: Cooper Tire & Rubber Co. reported adjusted EPS income of $0.87 per share. By that measure, the company beat the mean analyst estimate of $0.66.
Cooper Tire & Rubber Co. (CTB) has had a fairly robust rise in value since November. Valuations appear to justify significant increases in stock price from today's levels in the mid $24s.
DES MOINES, Iowa, April 25, 2013 /PRNewswire/ -- The Iowa Court of Appeals has upheld a $32.8 million jury verdict against Findlay, Ohio-based Cooper Tire & Rubber Co. (NYSE: CTB) in a tire-tread separation accident that killed one person and injured ...
Cooper Tire & Rubber Company ( CTB - Analyst Report ) reported earnings of 87 cents per share in the first quarter of 2013 that more than doubled from 34 cents in the prior-year quarter.
Cooper Tire & Rubber Company (NYSE:CTB) shares dropped 7.56% to $24.35. The company on May 9 reported a growth in first quarter net income attributable to the company to $56.08 million, or $0.87 a share, from $21.57 million, or $0.34 a share, last year ...
Cooper Tire & Rubber Company of Findlay is set to receive $2.8 million in funding from the Ohio Third Frontier Commission for its Global Technical Center to be located in that community.
Cooper Tire currently has a consensus rating of Hold and a consensus price target of $29.00. Cooper Tire & Rubber Company is a manufacturer of replacement tires. Cooper focuses on the manufacture and sale of passenger and light truck replacement tires.
By comparison, here are the profitability ratios of some of the largest tire manufacturers: Groupe Michelin, 7.3%; Continental AG, 6%; Yokohama Rubber Co.
The company's revenue for the quarter was up 2.3% on a year-over-year basis. On average, analysts predict that Cooper Tire will post $3.42 earnings per share for the current fiscal year.
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