Cooper Tire And Rubber Co Q3 Income Advances 25%

(RTTNews) - Cooper Tire And Rubber Co (CTB) announced earnings for its third quarter that increased from last year.

The company said its bottom line totaled $61.69 million, or $1.18 per share. This was higher than $49.30 million, or $0.90 per share, in last year's third quarter.

The company said revenue for the quarter fell 2.3% to $733.84 million. This was down from $750.91 million last year.

Cooper Tire And Rubber Co earnings at a glance:

-Earnings (Q3): $61.69 Mln. vs. $49.30 Mln. last year. -Earnings Growth (Y-o-Y): 25.1% -EPS (Q3): $1.18 vs. $0.90 last year. -EPS Growth (Y-o-Y): 31.1% -Revenue (Q3): $733.84 Mln vs. $750.91 Mln last year. -Revenue Change (Y-o-Y): -2.3%