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0 0.00335795836131637 0.0070517125587643 0.00873069173942248 0.00067159167226325 -0.0108529214237743 -0.00940228341168573 -0.00940228341168573
Stock impact report

Cooper-Standard Misses on Q3 Earnings, Reduces '24 Sales Outlook [Yahoo! Finance]

Cooper-Standard Holdings Inc. (CPS) 
Last cooper-standard holdings inc. earnings: 2/24 06:47 pm Check Earnings Report
US:NYSE Investor Relations: ir.cooperstandard.com/investor-relations
Company Research Source: Yahoo! Finance
With persistent inflationary trends and foreign exchange hurdles, the company grappled with softer vehicle production levels, influencing its sales and profitability metrics. Despite these obstacles, Cooper-Standard has been focused on cost-saving initiatives and is making strides in securing new contracts, particularly in the growing electric vehicle segment. This emphasis on future-focused projects, coupled with revised guidance to reflect the current economic landscape, highlights the company's ongoing adaptability amid fluctuating market conditions. Cooper-Standard Holdings Inc. price-consensus-eps-surprise-chart | Cooper-Standard Holdings Inc. Quote CPS reported an adjusted loss of 68 cents per share for the third quarter of 2024, marking a 180% decline from adjusted earnings of 85 cents per share in the same quarter of 2023. The company's quarterly sales of $685.4 million decreased 6.9% from $736 million in the prior-year quarter due to a combination of reduced productio Show less Read more
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