Will Cooper make money or lose money?
Cooper Tire & Rubber Co. will announce its second-quarter 2011 financial results before the market opens on Thursday, Aug. 4. It posted net income of $16 million on net sales of $906 million for the first quarter ended March 31, 2011.
Company management will discuss the 2Q financial results in a conference call beginning at 11 a.m. Eastern Daylight Time that same day. Individuals can access a Webcast of the conference call at the investor relations Web page at www.coopertire.com or by clicking here.
Replay of the conference call will be available at the previously listed Web addresses through Aug. 9, 2011.
Cooper reported net income of $44 million on net sales of $804 million for its second quarter ended June 30, 2010. That compared to a net loss of $13 million on sales of $632 million for the same period in 2009.