Edition:
United Kingdom

Cooper Standard Reports Q1 Adjusted Earnings Per Share $0.67


Wednesday, 1 May 2019 

May 1 (Reuters) - Cooper-Standard Holdings Inc ::COOPER STANDARD REPORTS FIRST QUARTER RESULTS, REAFFIRMS ADJUSTED EBITDA GUIDANCE AND ANNOUNCES TWO SIGNIFICANT NEW FORTREX™ TECHNOLOGY AGREEMENTS.Q1 ADJUSTED EARNINGS PER SHARE $0.67.Q1 LOSS PER SHARE $0.20.Q1 SALES $880 MILLION VERSUS REFINITIV IBES ESTIMATE OF $887.6 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.00 -- REFINITIV IBES DATA.REVISED ITS REVENUE GUIDANCE FOR FULL YEAR 2019.COOPER-STANDARD - YEAR-OVER-YEAR CHANGE IN Q1 SALES WAS ATTRIBUTABLE TO UNFAVORABLE VOLUME AND MIX, FOREIGN EXCHANGE AND CUSTOMER PRICE ADJUSTMENTS.SEES 2019 SALES $3.20 BILLION - $3.40 BILLION.FY2019 REVENUE VIEW $3.48 BILLION -- REFINITIV IBES DATA.