Cooper Tire & Rubber Company Issues Financials for 3rd Quarter of 2019
October 28, 2019
October 28, 2019
FINDLAY, Ohio, Oct. 28 -- Cooper Tire & Rubber Co. issued the following news release:
Cooper Tire & Rubber Company (NYSE: CTB) today reported third quarter 2019 net income of $29 million, or diluted earnings per share of $0.58, compared with $54 million, or $1.07 per share, last year.
Third Quarter Highlights
* Net sales decreased 4.5 percent to $704 million.
* Unit volume decreased 7.0 percent compared to the third quarter of 2018.
Cooper Tire & Rubber Company (NYSE: CTB) today reported third quarter 2019 net income of $29 million, or diluted earnings per share of $0.58, compared with $54 million, or $1.07 per share, last year.
Third Quarter Highlights
* Net sales decreased 4.5 percent to $704 million.
* Unit volume decreased 7.0 percent compared to the third quarter of 2018.