Cooper-Standard Holdings: Q1 Earnings Insights

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Cooper-Standard Holdings 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.

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CPSCooper-Standard Holdings Inc
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