Benzinga | Oct 29, 2020 07:08AM EDT

Cooper Tire & Rubber Q3 EPS $2.42 May Not Compare To $0.67 Estimate, Sales $765.00M Beat $645.74M Estimate

Cooper Tire & Rubber (NYSE:CTB) reported quarterly earnings of $2.42 per share which beat the analyst consensus estimate of $0.67 by 261.19 percent. This is a 317.24 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $765.00 million which beat the analyst consensus estimate of $645.74 million by 18.47 percent. This is a 8.64 percent increase over sales of $704.13 million the same period last year.