earnings
confidence high
sentiment negative
materiality 0.80
Cooper-Standard Q4 net loss $102.2M; full-year adj. EBITDA -$8M; 2022 guidance $50-60M
Cooper-Standard Holdings Inc.
2021-FY EPS reported
-$18.94
- Q4 sales $601.3M (-14% YoY); net loss $102.2M ($5.98 loss per share) vs $27.2M loss a year ago.
- Full-year 2021 sales $2.33B, net loss $322.8M; adjusted EBITDA negative $8.0M vs +$35.7M in 2020.
- 2022 guidance: sales $2.6-2.8B, adjusted EBITDA $50-60M; capex $90-100M.
- New business awards of $186M in 2021, including $106M on EV platforms; cost savings $81M.
- Cash $248M, liquidity $396M; headwinds from semiconductor shortages, higher material and labor costs.