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Cooper’s 1Q Results “Will Be Higher Than Expected”

Author: Tyrepress Editors Comments: 0

Cooper Tire & Rubber has said that its earnings per share for the first quarter of 2004 will be around 30-34 cents per share; significantly higher than the forecast of 24-28 cents per share. The reasons are higher sales, a strong performance of Cooper-Standard Automotive and a smaller than expected impact of raw material prices. Cooper’s full 1Q results will be released on April 22nd.

Related news:

  1. Cooper Net Income Rises In Fourth Quarter
  2. Cooper Tire & Rubber: Weak Tire Demand to Leave Earnings Short
  3. Cooper Sells Automotive Unit
  4. Cooper Posts Loss for 2005
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