Earnings Surprise Are On Cards For Cooper-Standard Holdings Inc. ($CPS)?

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Cooper-Standard Holdings Inc. (NYSE:CPS) is reporting second quarter financial results on Tuesday 4th August 2020, after market close.

According to analysts surveyed by Thomson Reuters, CPS is expected to report 2Q20 loss of $ 7.78 per share from revenue of $ 311.00 million.

For the full year, analysts anticipate top line of $ 2135.00 million, while looking forward to loss of $ 13.25 per share bottom line.

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. unveiled loss for the first quarter of $ 2.16 per share, from the revenue of $ 654.89 million. The quarterly earnings while revenues compared with the same quarter last year.
Wall street analysts are predicting, CPS to report 1Q20 loss of $ 0.81 per share from revenue of $ 730.00 million. The bottom line results missed street analysts by $ 1.35 or 166.67 percent, at the same time, top line results fell short of analysts by $ 75.11 million or 10.29 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Cooper-Standard Holdings Inc.

Stock Performance

According to the previous trading day, closing price of CPS was $ 11.50, representing a 73.19 % increase from the 52 week low of $ 6.64 and a 76.97 % decrease over the 52 week high of $ 49.94.

The company has a market capital of $ 194.17 million and is part of the Consumer Cyclical sector and Auto Parts industry.

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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.