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Cooper Tire & Rubber Co

CTB

Latest Trade

60.00USD

Change

0.28(+0.47%)

Volume

593,777

Today's Range

59.45

 - 

60.09

52 Week Range

22.10

 - 

60.09

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Cooper Tire & Rubber Company Reports Q1 EPS $0.43

May 3 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::MPANY REPORTS FIRST QUARTER 2021 RESULTS.Q1 EARNINGS PER SHARE $0.43.Q1 SALES ROSE 23.3 PERCENT TO $656 MILLION.

Cooper Tire & Rubber Company Reports Fourth Quarter And Full Year 2020 Results

Feb 22 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::MPANY REPORTS FOURTH QUARTER AND FULL YEAR 2020 RESULTS.Q4 EARNINGS PER SHARE $0.75.Q4 SALES $728 MILLION VERSUS REFINITIV IBES ESTIMATE OF $732.7 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.92 -- REFINITIV IBES DATA.QTRLY GLOBAL UNIT VOLUME DECREASED 9.8% COMPARED TO Q4 OF 2019.

Goodyear To Acquire Cooper, Creating Stronger U.S. Based Leader In Global Tire Industry

Feb 22 (Reuters) - Goodyear Tire & Rubber Co <GT.O>::GOODYEAR TO ACQUIRE COOPER, CREATING STRONGER U.S.-BASED LEADER IN GLOBAL TIRE INDUSTRY.GOODYEAR TIRE & RUBBER CO - DEAL FOR TOTAL ENTERPRISE VALUE OF APPROXIMATELY $2.5 BILLION.GOODYEAR TIRE & RUBBER CO - DEAL FOR TOTAL EQUITY VALUE OF APPROXIMATELY $2.8 BILLION.GOODYEAR - COOPER SHAREHOLDERS WILL RECEIVE $41.75 PER SHARE IN CASH & FIXED EXCHANGE RATIO OF 0.907 SHARES OF GOODYEAR COMMON STOCK PER COOPER SHARE.GOODYEAR TIRE & RUBBER CO - TO FUND CASH PORTION OF TRANSACTION THROUGH DEBT FINANCING AND HAS SECURED A COMMITTED BRIDGE FINANCING FACILITY.GOODYEAR TIRE & RUBBER CO - GOODYEAR SHAREHOLDERS WILL OWN ABOUT 84% OF COMBINED CO, AND COOPER SHAREHOLDERS WILL OWN ABOUT 16%.GOODYEAR TIRE & RUBBER CO - GOODYEAR EXPECTS TO ACHIEVE ABOUT $165 MILLION IN RUN-RATE COST SYNERGIES WITHIN TWO YEARS FOLLOWING CLOSE OF TRANSACTION.GOODYEAR TIRE & RUBBER CO - TRANSACTION IS IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE.

Cooper Tire & Rubber Reports Q3 Sales Of $765 Mln

Oct 29 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::MPANY REPORTS THIRD QUARTER 2020 RESULTS.Q3 EARNINGS PER SHARE $2.42.Q3 SALES $765 MILLION VERSUS REFINITIV IBES ESTIMATE OF $650.7 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.74 -- REFINITIV IBES DATA.QTRLY GLOBAL UNIT VOLUME INCREASED 0.5% COMPARED TO Q3 OF 2019.THIRD QUARTER NET SALES IN THE AMERICAS SEGMENT INCREASED 9.6 PERCEN TO $660 MILLION.THIRD QUARTER NET SALES IN INTERNATIONAL SEGMENT INCREASED 7.5 PERCENT TO $142 MILLION.COOPER TIRE & RUBBER- COVID-19 RELATED TEMPORARY PLANT CLOSURES REDUCED INVENTORY LEVELS, WILL AFFECT ABILITY TO MEET GLOBAL DEMAND FOR TIRES IN Q4.EXPECT TO ACHIEVE OPERATING PROFIT MARGIN WITHIN STATED MID-TERM TARGET OF 10% TO 14% FOR H2 2020, EXCLUDING $49 MILLION BENEFIT.

Christopher Eperjesy To Resign As CFO Of Cooper Tire & Rubber

Aug 11 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::COOPER TIRE & RUBBER CO - ON AUG 5, CHRISTOPHER J. EPERJESY NOTIFIED CO HE WILL RESIGN AS CFO AS OF AUGUST 21.COOPER TIRE & RUBBER CO - CONDUCTING A FORMAL SEARCH FOR EPERJESY'S REPLACEMENT.COOPER TIRE & RUBBER CO - BOARD APPOINTED GERALD C. BIALEK TO SERVE AS CFO ON INTERIM BASIS.

Cooper Tire & Rubber Q2 Loss Per Share $0.12

Aug 3 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::MPANY REPORTS SECOND QUARTER 2020 RESULTS.Q2 LOSS PER SHARE $0.12.Q2 SALES $496 MILLION VERSUS REFINITIV IBES ESTIMATE OF $464.9 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.54 -- REFINITIV IBES DATA.GLOBAL PANDEMIC SIGNIFICANTLY IMPACTED RESULTS IN Q2.QTRLY GLOBAL UNIT VOLUME DECREASED 27.5 PERCENT COMPARED TO Q2 OF 2019.EXPECT BUSINESS TO IMPROVE IN SECOND HALF OF 2020.OTHER THAN DISCRETIONARY DEBT PAY-DOWN, DO NOT CURRENTLY BELIEVE CO WILL HAVE A SUBSTANTIAL CASH USAGE IN Q3.NOW EXPECT FY 2020 CAPITAL EXPENDITURES TO BE AT HIGH END OF RANGE BETWEEN $140 MILLION AND $160 MILLION.

Cooper Tire Mexico Plant To Begin Process Of Restarting Production Today

June 1 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::COOPER TIRE MEXICO PLANT TO BEGIN PROCESS OF RESTARTING PRODUCTION TODAY.

Cooper Tire & Rubber Company Reports Q1 2020 Results, Withdraws Outlook For 2020

May 7 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::MPANY REPORTS FIRST QUARTER 2020 RESULTS; WITHDRAWS OUTLOOK FOR 2020.Q1 LOSS PER SHARE $0.23.Q1 SALES $532 MILLION VERSUS REFINITIV IBES ESTIMATE OF $556.2 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.13 -- REFINITIV IBES DATA.QTRLY UNIT VOLUME DECREASED 15.8 PERCENT COMPARED TO Q1 OF 2019.FURLOUGHED A NUMBER OF HOURLY AND SALARIED EMPLOYEES.REDUCED SALARIES FOR EXECUTIVE LEADERSHIP AND MAJORITY OF SALARIED EMPLOYEES.CHINA, U.S. AND SERBIA MANUFACTURING PLANTS ARE BACK IN OPERATION.REDUCED CASH RETAINERS FOR MEMBERS OF OUR BOARD OF DIRECTORS.OUR U.K. AND MEXICO FACILITIES REMAIN TEMPORARILY CLOSED.SUSPENDED DISCRETIONARY PENSION CONTRIBUTIONS AND COMPANY CONTRIBUTIONS TO EMPLOYEE 401(K) PLANS.EXPECT FULL YEAR 2020 CAPITAL EXPENDITURES TO BE BETWEEN $140 AND $160 MILLION.WE DO NOT CURRENTLY BELIEVE WE WILL HAVE A SUBSTANTIAL CASH USAGE IN Q2.

Cooper Tire To Restart Mexico Facility April 13 U.S. Plants To Remain Temporarily Closed

April 10 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::COOPER TIRE TO RESTART MEXICO FACILITY APRIL 13; U.S. PLANTS TO REMAIN TEMPORARILY CLOSED.COOPER TIRE & RUBBER CO - PLANTS IN EUROPE ALSO CONTINUE TO BE TEMPORARILY CLOSED.COOPER TIRE & RUBBER CO - COMPANY'S PLANTS IN CHINA CONTINUE TO OPERATE.COOPER TIRE & RUBBER CO - BELIEVES IT HAS SUFFICIENT SUPPLY OF PRODUCT IN INVENTORY, DISTRIBUTION CENTERS CONTINUE TO OPERATE AND FLOW PRODUCT TO CUSTOMERS.COOPER TIRE & RUBBER CO - PLANTS IN UNITED STATES TO REMAIN TEMPORARILY CLOSED FOR AT LEAST ANOTHER 2 WEEKS FROM NOW.

Cooper Tire & Rubber Reports Q4 Earnings Per Share $1.02

Feb 24 (Reuters) - Cooper Tire & Rubber Co <CTB.N>::MPANY REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.Q4 EARNINGS PER SHARE $1.02.Q4 SALES $750 MILLION VERSUS REFINITIV IBES ESTIMATE OF $740.1 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.67 -- REFINITIV IBES DATA.SEES MODEST GLOBAL UNIT VOLUME INCREASE IN 2020 COMPARED TO 2019, INCLUDING IN THE U.S..SEES 2020 CAPITAL EXPENDITURES WILL RANGE BETWEEN $260 AND $280 MILLION.OUTLOOK FOR 2020 DOES NOT INCLUDE IMPACT OF CORONAVIRUS.COOPER TIRE & RUBBER - 2020 EXPECTATIONS DON'T INCLUDE TARIFF RATE CHANGES, ADDITIONAL TARIFFS CONTINUING TO BE CONSIDERED BUT HAVEN'T YET BEEN IMPOSED.SEES FY 2020 CAPITAL EXPENDITURES THAT WILL RANGE BETWEEN $260 AND $280 MILLION.COOPER TIRE & RUBBER - ABOUT $10 MILLION OF RESTRUCTURING CHARGES RELATED TO TRANSITION AT MEXICO MANUFACTURING FACILITY, TO OCCUR PRIMARILY IN Q1 2020.COOPER TIRE & RUBBER - OUTLOOK FOR 2020 ALSO DOES NOT INCLUDE THE IMPACT OF CORONAVIRUS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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