Cooper-Standard Holdings Inc Reports 6% Decline In Q4 Bottom Line

(RTTNews) - Cooper-Standard Holdings Inc (CPS) reported earnings for fourth quarter that decreased from last year.

The company said its bottom line declined to $52.59 million, or $2.80 per share. This was lower than $56.23 million, or $3.01 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 2.5% to $875.43 million. This was up from $854.40 million last year.

Cooper-Standard Holdings Inc earnings at a glance:

-Earnings (Q4): $52.59 Mln. vs. $56.23 Mln. last year. -Earnings Decline (Y-o-Y): -6.5% -EPS (Q4): $2.80 vs. $3.01 last year. -EPS Decline (Y-o-Y): -7.0% -Revenue (Q4): $875.43 Mln vs. $854.40 Mln last year. -Revenue Change (Y-o-Y): 2.5%