NYSE$CPS

Cooper-Standard Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Cooper Standard reported improved operating income and positive cash flow for the fourth quarter of 2024.

Cooper Standard reported a net income of $40.2 million for Q4 2024, a significant improvement from a net loss in the prior year. Sales decreased slightly by 1.9% to $660.8 million, while operating income increased substantially to $31.7 million. The company also generated positive free cash flow of $63.2 million.

  • Sales for the fourth quarter of 2024 totaled $660.8 million, a decrease of 1.9% compared to the fourth quarter of 2023.
  • Operating income for Q4 2024 was $31.7 million, an increase of $36.2 million from the fourth quarter of 2023.
  • Net income for Q4 2024 was $40.2 million, or $2.24 per diluted share, reflecting a $95.4 million improvement year-over-year.
  • Adjusted EBITDA reached $54.3 million, representing 8.2% of sales, and net cash provided by operating activities was $74.7 million.

Headline financials

Total Revenue

$661M

Previous: $674M-1.9%
EPS (adj)

-$0.16

Previous: -$1.79+91.1%
Capital Expenditures

-$11.5M

Previous: -$17.6M+34.6%
Free Cash Flow

$63.2M

No prior period
Net Income

$40.2M

Previous: -$55.2M+172.9%
Operating Income

$31.7M

Previous: -$4.46M+810.7%
Gross Profit

$82M

Previous: $64.7M+26.8%

Revenue & EPS history

Cooper Standard · Revenue · Quarterly

$661M

Q4 2024-1.9%vs Q4 2023
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Forward guidance

For the full year 2025, Cooper Standard anticipates lower global light vehicle production and continued inflationary headwinds. Despite these challenges, the company expects to improve financial results by driving operating efficiencies.

Tailwinds

  • Company expects to continue driving operating efficiencies.
  • Anticipated improved financial results in 2025 vs. 2024.
  • Expected Adjusted EBITDA between $200 million and $235 million.
  • Expected Capital Expenditures between $45 million and $55 million.
  • Expected Cash Restructuring between $20 million and $25 million.

Headwinds

  • Industry projections anticipate global light vehicle production will be lower in 2025 compared to 2024.
  • Inflationary headwinds are expected to continue.
  • North America light vehicle production expected to decrease to 15.1 million units.
  • Europe light vehicle production expected to decrease to 16.6 million units.
  • Expected Net Cash Interest between $105 million and $115 million.

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 2024

Historical avgQ4 2024

+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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