Cooper Tire & Rubber Company Reports First Quarter 2018 Results and Updates Guidance

FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire & Rubber Company (NYSE: CTB) today reported first quarter 2018 net income of $8 million, or diluted earnings per share of $0.16, compared with $31 million, or $0.57 per share, for the same period last year. First Quarter Highlights: Consolidated unit volume decreased 6.1 percent compared to the prior year, with decreases in both the Americas and International segments. Net sales decreased 6.5 percent to $601 million. Operating profit was $26 milli

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