Cooper Tire And Rubber Co Q4 Income Retreats

(RTTNews) - Cooper Tire And Rubber Co (CTB) released a profit for fourth quarter that lost ground compared to the same period last year.

The company said its earnings came in at $25.88 million, or $0.50 per share. This was lower than $69.32 million, or $1.28 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 3.4% to $757.04 million. This was down from $783.89 million last year.

Cooper Tire And Rubber Co earnings at a glance:

-Earnings (Q4): $25.88 Mln. vs. $69.32 Mln. last year. -Earnings Decline (Y-o-Y): -62.7% -EPS (Q4): $0.50 vs. $1.28 last year. -EPS Decline (Y-o-Y): -60.9% -Revenue (Q4): $757.04 Mln vs. $783.89 Mln last year. -Revenue Change (Y-o-Y): -3.4%