It's Showtime for Cooper Tire & Rubber
Cooper Tire & Rubber (NYS: CTB) is expected to report Q1 earnings on May 9. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cooper Tire & Rubber's revenues will wane -2.0% and EPS will grow 102.9%.
The average estimate for revenue is $965.0 million. On the bottom line, the average EPS estimate is $0.69.
Last quarter, Cooper Tire & Rubber notched revenue of $1.06 billion. GAAP reported sales were 2.3% higher than the prior-year quarter's $1.04 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.15. GAAP EPS of $1.15 for Q4 were 65% lower than the prior-year quarter's $3.32 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 18.1%, 780 basis points better than the prior-year quarter. Operating margin was 11.7%, 600 basis points better than the prior-year quarter. Net margin was 6.9%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $4.33 billion. The average EPS estimate is $3.38.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 230 members out of 279 rating the stock outperform, and 49 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give Cooper Tire & Rubber a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cooper Tire & Rubber is outperform, with an average price target of $28.21.
If you're looking for an edge in the transportation segment of the market, consider strong, smaller brands that sell their products to folks like you and me. We've got a couple to offer, plus a home-owner's trusted go-to company, in our new special report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice." Click here for instant access to this free report.
- Add Cooper Tire & Rubber to My Watchlist.
The article It's Showtime for Cooper Tire & Rubber originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.