Cooper Tire & Rubber (NYSE:CTB) is set to announce its earnings results before the market opens on Monday, August 3rd. Analysts expect the company to announce earnings of ($0.48) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Cooper Tire & Rubber (NYSE:CTB) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.08). Cooper Tire & Rubber had a net margin of 2.92% and a return on equity of 6.85%. The business had revenue of $532.00 million during the quarter, compared to analysts’ expectations of $544.67 million. During the same period last year, the company earned $0.14 earnings per share. The firm’s revenue was down 14.1% on a year-over-year basis. On average, analysts expect Cooper Tire & Rubber to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NYSE CTB opened at $31.06 on Friday. The company’s fifty day moving average price is $28.21 and its 200 day moving average price is $24.65. Cooper Tire & Rubber has a 1 year low of $13.82 and a 1 year high of $32.74. The company has a market capitalization of $1.60 billion, a PE ratio of 20.04 and a beta of 1.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 2.05.
About Cooper Tire & Rubber
Cooper Tire & Rubber Company, together with its subsidiaries, designs, manufactures, markets, and sells replacement tires in North America, Latin America, Europe, and Asia. The company operates through Americas Tire Operations and International Tire Operations segments. It manufactures and markets passenger car, light truck, truck and bus radial (TBR), motorcycle, and racing tires, as well as tire retread materials; and markets and distributes racing, TBR, and motorcycle tires.
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