NYSE$CPS
Cooper-Standard Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Cooper Standard's Q4 2023 results reflected improved financial performance driven by increased sales and improved cash flow.
Cooper Standard reported Q4 2023 sales of $673.6 million, a 3.7% increase compared to Q4 2022. The company's net loss improved by $32.9 million to $55.2 million, and net cash provided by operating activities increased by $105.5 million to $79.7 million.
- Sales totaled $673.6 million, up 3.7% year-over-year.
- Gross profit reached $64.7 million, a 19.1% increase compared to the previous year.
- Net loss improved by $32.9 million to $55.2 million, or $(3.16) per diluted share.
- Net cash provided by operating activities improved by $105.5 million to $79.7 million.
Headline financials
Revenue & EPS history
Cooper Standard · Revenue · Quarterly
$674M
Forward guidance
Cooper Standard expects to leverage enhanced commercial agreements and operating efficiencies to offset continued inflationary pressures, leading to improved financial results in 2024.
Tailwinds
- Industry projections anticipate global light vehicle production volumes in line with 2023 levels.
- Company expects to continue leveraging enhanced commercial agreements.
- Company expects to continue leveraging operating efficiencies.
- Company expects to offset continued inflationary pressures.
- Company management expects to deliver improved financial results in 2024 vs. 2023.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro