Cooper-Standard Holdings (CPS)
NYSE:CPS
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.59Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed cautious optimism: operational execution, safety, cost savings, margin expansion, strong new-business momentum ($128M Q1; on track for >$400M year), solid liquidity, and a beneficial refinancing are major positives. Offsetting these are near-term profitability pressures (adjusted EBITDA decline tied to non-recurring royalties), a GAAP net loss, volume/mix headwinds (notably on a North American platform), and expected inflationary impacts in Q2. Management reiterated confidence in multi-year margin and return improvement driven by booked launches and continuous cost programs.Company Guidance
Revenue Growth
First quarter 2026 sales of $686.4 million, up 2.9% year-over-year, driven primarily by favorable foreign exchange (+~$24M) despite unfavorable volume and mix.
Gross Margin Expansion
Gross margin improved 40 basis points versus prior year to 12.0% of sales in Q1 2026; management cites a 160 basis point improvement in gross profit margin over the past two years.
Operational & Safety Performance
Strong operational metrics: 99% green customer scorecards for quality/service and 97% green for new program launches. Safety: total incident rate of 0.18 reportable incidents per 200,000 hours (≈48.6% lower than 0.35 benchmark); 48 plants (84% of production facilities) recorded zero incidents in Q1.
Cost Optimization
Manufacturing and purchasing initiatives delivered $17 million of savings in the quarter through lean programs; additional $2M in incremental savings from prior restructuring and $1M lower SG&A year-over-year.
Net New Business Wins
$128 million of net new business awards booked in Q1 2026 (ahead of plan), positioning the company to achieve management's >$400M full-year target; Q1 mix ~60% Fluid / 40% Sealing, ~50% North America, significant share in China, and management noted a high percentage of innovation-related awards (slide reference: 74% innovation-related).
Liquidity and Capital Structure
Ending cash approx. $118 million and total liquidity ~ $286 million including $167 million ABL availability (unused). Successful refinancing (March 4) lowers expected annual cash interest by ≈$6 million and extends note maturities to 2031.
Sustainability & Product Innovation Recognition
FlexiCore thermoplastic body seal innovation recognized by 2026 Environment + Energy Leaders Award and launched into production; company named to USA Today's America's Climate Leaders for the third consecutive year.
Return and Margin Targets Visibility
Management reiterated trajectory to expand margins and returns: VCM reported as 'well over 30%' this quarter and target of ROIC well over 20% by 2028, supported by booked launches and cost initiatives.
CPS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CPS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $30.69 | $30.49 | -0.65% |
Feb 12, 2026 | $34.15 | $45.20 | +32.36% |
Oct 30, 2025 | $35.77 | $30.22 | -15.52% |
Jul 31, 2025 | $24.10 | $26.34 | +9.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cooper-Standard Holdings (CPS) report earnings?
Cooper-Standard Holdings (CPS) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Cooper-Standard Holdings (CPS) earnings time?
Cooper-Standard Holdings (CPS) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CPS EPS forecast?
CPS EPS forecast for the fiscal quarter 2026 (Q2) is 0.59.