Cooper-Standard Holdings Inc Reveals 13% Increase In Q3 Earnings

(RTTNews) - Cooper-Standard Holdings Inc (CPS) reported a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $46.52 million, or $2.48 per share. This was up from $41.12 million, or $2.23 per share, in last year's third quarter.

The company said revenue for the quarter rose 3.4% to $855.66 million. This was up from $827.53 million last year.

Cooper-Standard Holdings Inc earnings at a glance:

-Earnings (Q3): $46.52 Mln. vs. $41.12 Mln. last year. -Earnings Growth (Y-o-Y): 13.1% -EPS (Q3): $2.48 vs. $2.23 last year. -EPS Growth (Y-o-Y): 11.2% -Revenue (Q3): $855.66 Mln vs. $827.53 Mln last year. -Revenue Change (Y-o-Y): 3.4%

-Guidance: Full year revenue guidance: $3.40 - $3.43 Bln