Cooper-Standard Holdings (NYSE:CPS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Cooper-Standard Holdings missed estimated earnings by 41.8%, reporting an EPS of $-2.68 versus an estimate of $-1.89.
Revenue was up $69.46 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.07 which was followed by a 14.31% drop in the share price the next day.
Here’s a look at Cooper-Standard Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.78 | -1.68 | -3.48 | -2.55 |
| EPS Actual | -1.85 | -1.71 | -3.40 | -3 |
| Revenue Estimate | 668.90M | 638.90M | 576.05M | 608.30M |
| Revenue Actual | 649.34M | 657.15M | 605.92M | 613.00M |
To track all earnings releases for Cooper-Standard Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
