Cooper Tire And Rubber Co Q4 Income Rises 17%

(RTTNews) - Cooper Tire And Rubber Co (CTB) released earnings for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $69.32 million, or $1.28 per share. This was up from $59.25 million, or $1.04 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.94 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.1% to $783.89 million. This was up from $775.55 million last year.

Cooper Tire And Rubber Co earnings at a glance:

-Earnings (Q4): $69.32 Mln. vs. $59.25 Mln. last year. -Earnings Growth (Y-o-Y): 17.0% -EPS (Q4): $1.28 vs. $1.04 last year. -EPS Growth (Y-o-Y): 23.1% -Analysts Estimate: $0.94 -Revenue (Q4): $783.89 Mln vs. $775.55 Mln last year. -Revenue Change (Y-o-Y): 1.1%