NYSE$CPS

Cooper-Standard Holdings Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Improved third quarter results as ROIC expansion initiative gained traction.

Cooper Standard reported sales of $683.2 million and a net income of $4.4 million, or $0.26 per diluted share, for the third quarter of 2020. Adjusted EBITDA increased by 19% year-over-year to $64.1 million, and the company generated strong free cash flow of $89.2 million.

  • Sales totaled $683.2 million.
  • Net income was $4.4 million or $0.26 per diluted share, compared to a net loss of $4.9 million in the prior year period.
  • Adjusted EBITDA increased by 19 percent year-over-year to $64.1 million, representing 9.4 percent of sales.
  • Free cash flow was strong at $89.2 million, with a cash balance of $462.7 million at quarter end.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

$0.21

Previous: -$0.31+167.7%
Free Cash Flow

$4.38M

Previous: -$13.9M+131.6%
Net Income

$4.38M

Previous: -$13.9M+131.6%
Operating Income

$18.8M

Previous: -$6.82M+375.4%
Gross Profit

$84.5M

Previous: $69.7M+21.2%
Cash & Equivalents

$463M

Previous: $323M+43.2%
Total Assets

$2.64B

Previous: $2.65B-0.3%
Stock-Based Comp

$2.04M

Previous: $3.81M-46.4%

Revenue & EPS history

Cooper Standard · Revenue · Quarterly

$0

Q3 2020
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Forward guidance

Due to the uncertainty of the global economy and automotive industry caused by increasing COVID-19 cases, Cooper Standard is not issuing formal financial guidance. However, the leadership team remains positive about improving returns on invested capital over the next two years.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+2.0%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+1.6%

Avg return

30 days after

51%

32 / 63 earnings

Positive

+70.6%

Q2 2022

Best reaction

-26.2%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-4.8%-4.1%
Q4 2025+32.4%+14.1%-14.3%
Q3 2025-18.2%-19.0%-12.6%
Q1 2025+42.0%+64.8%+51.4%
Q4 2024-9.3%+1.9%-6.4%
Q3 2024+8.4%+12.3%+13.4%
Q2 2024-3.9%-9.1%+4.5%
Q1 2024-7.5%-9.9%-18.7%
Q4 2023-23.9%-21.9%-23.8%
Q3 2023+49.6%+53.5%+48.9%
Q2 2023+14.4%+3.4%-18.7%
Q1 2023-15.0%-12.9%-12.2%
Q4 2022-17.3%-19.3%-29.3%
Q3 2022-26.2%-20.0%-27.7%
Q2 2022+70.6%+94.2%+61.4%
Q1 2022+6.8%-6.0%+0.7%
Q4 2021-9.2%-19.7%-30.8%
Q3 2021-18.3%-16.7%-18.2%
Q2 2021-21.0%-12.0%-16.7%
Q1 2021+19.1%+7.4%+5.6%
Q4 2020-12.3%-0.2%+11.1%
Q3 2020+58.5%+91.1%+133.7%
Q2 2020+7.4%+16.0%+44.9%
Q1 2020-5.1%-17.6%+38.0%
Q4 2019-12.8%-16.0%-48.4%
Q3 2019+4.4%+9.2%-20.7%
Q2 2019-10.8%-17.3%-24.3%
Q1 2019+6.6%+9.4%-23.7%
Q4 2018-12.7%-16.4%-28.5%
Q3 2018-21.8%-20.1%-21.1%
Q2 2018+6.3%+6.8%+4.6%
Q1 2018-1.2%-3.3%+0.3%
Q4 2017+5.4%+5.8%+5.4%
Q3 2017+5.0%+6.3%+14.5%
Q2 2017+3.2%+3.3%+4.9%
Q1 2017-4.5%-3.6%-2.7%
Q4 2016+3.3%+8.1%+6.2%
Q3 2016+0.5%-3.6%+5.6%
Q2 2016-1.7%-2.0%+9.8%
Q1 2016+6.4%
Q4 2015+4.4%
Q3 2015+7.1%
Q2 2015+9.7%
Q1 2015+8.0%
Q4 2014-3.3%
Q3 2014-4.1%
Q2 2014+0.8%
Q1 2014+0.7%
Q4 2013-0.6%
Q3 2013-3.2%
Q4 2012+2.0%
Q4 2011+2.0%
Q2 2013+2.0%
Q1 2013+0.0%
Q4 2010-0.7%
Q3 2012+2.2%
Q2 2012-0.7%
Q1 2011-3.0%
Q1 2012-2.1%
Q3 2011+0.0%
Q2 2011+6.2%
Q3 2010+0.0%
Q2 2010+2.1%
Q1 2010

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