Cooper Tire & Rubber Company (CTB) reported first quarter profit per share of $0.43 compared to a loss of $0.23, prior year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.57, for the quarter. Analysts' estimates typically exclude special items. Net income was $22 million, compared to a net loss of $12 million, last year.
First quarter net sales were $656 million compared to $532 million, prior year, an increase of 23.3 percent. Analysts expected revenue of $599.12 million, for the quarter. Global unit volume increased 16.6 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.