>>> Cooper Tire beats by $0.33, beats on revs

Cooper Tire beats by $0.33, beats on revs
Reports Q2 (Jun) earnings of $1.03 per share, $0.33 better than the Capital IQ Consensus Estimate of $0.70; revenues fell 15.4% year/year to $752 mln vs the $727.4 mln consensus.

FY15 Guidance
  • Effective tax rate in the range of 33 percent to 37 percent
  • SG&A in the range of $265 million to $275 million
  • Capital expenditures between $205 million and $215 million.