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Cooper-Standard: 2Q Earnings Snapshot

NOVI, Mich. (AP) _ Cooper-Standard Holdings Inc. (CPS) on Thursday reported second-quarter net income of $145.3 million.

The Novi, Michigan-based company said it had net income of $8.36 per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The auto parts supplier posted revenue of $764.8 million in the period.

Cooper-Standard expects full-year revenue in the range of $3 billion to $3.2 billion.

Cooper-Standard shares have fallen 23% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $47.69, a fall of 66% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPS at https://www.zacks.com/ap/CPS