Benzinga | Aug 3, 2020 07:20AM EDT

Cooper Tire & Rubber Q2 GAAP EPS $(0.12) Beats $(0.54) Estimate, GAAP Sales $496.26M Beat $464.87M Estimate

Cooper Tire & Rubber (NYSE:CTB) reported quarterly losses of $(0.12) per share which beat the analyst consensus estimate of $(0.54) by 77.78 percent. This is a 157.14 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $496.26 million which beat the analyst consensus estimate of $464.87 million by 6.75 percent. This is a 26.93 percent decrease over sales of $679.13 million the same period last year.