Benzinga | Aug 3, 2020 07:07AM EDT

Cooper Tire & Rubber Q2 EPS $(0.18) Beats $(0.54) Estimate, Sales $496.00M Beat $464.87M Estimate

Cooper Tire & Rubber (NYSE:CTB) reported quarterly losses of $(0.18) per share which beat the analyst consensus estimate of $(0.54) by 66.67 percent. This is a 185.71 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $496.00 million which beat the analyst consensus estimate of $464.87 million by 6.70 percent. This is a 26.97 percent decrease over sales of $679.13 million the same period last year.