Cooper-Standard Holdings Inc Reports 233% Rise In Q3 Profit

(RTTNews) - Cooper-Standard Holdings Inc (CPS) revealed earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line climbed to $40.78 million, or $2.21 per share. This was up from $12.23 million, or $0.66 per share, in last year's third quarter.

The company said revenue for the quarter rose 6.0% to $827.53 million. This was up from $780.95 million last year.

Cooper-Standard Holdings Inc earnings at a glance:

-Earnings (Q3): $40.78 Mln. vs. $12.23 Mln. last year. -Earnings Growth (Y-o-Y): 233.4% -EPS (Q3): $2.21 vs. $0.66 last year. -EPS Growth (Y-o-Y): 234.8% -Revenue (Q3): $827.53 Mln vs. $780.95 Mln last year. -Revenue Change (Y-o-Y): 6.0%

-Guidance: Full year EPS guidance: $3.3 - $3.4 Bln