Cooper-Standard Holdings Inc Earnings Advance 60% In Q1

(RTTNews) - Cooper-Standard Holdings Inc (CPS) revealed a profit for its first quarter that gained ground from last year.

The company said its bottom line advanced to $47.43 million, or $2.54 per share. This was up from $29.65 million, or $1.63 per share, in last year's first quarter.

The company said revenue for the quarter rose 7.8% to $862.50 million. This was up from $800.05 million last year.

Cooper-Standard Holdings Inc earnings at a glance:

-Earnings (Q1): $47.43 Mln. vs. $29.65 Mln. last year. -Earnings Growth (Y-o-Y): 60.0% -EPS (Q1): $2.54 vs. $1.63 last year. -EPS Growth (Y-o-Y): 55.8% -Revenue (Q1): $862.50 Mln vs. $800.05 Mln last year. -Revenue Change (Y-o-Y): 7.8%

-Guidance: Full year revenue guidance: $3.35 - $3.4 Bln