April 30, 2018 / 11:58 AM / 3 months ago

BRIEF-Cooper Tire & Rubber Posts Q1 Earnings Per Share $0.16

April 30 (Reuters) - Cooper Tire & Rubber Co:

* Q1 SALES $601 MILLION VERSUS I/B/E/S VIEW $641.2 MILLION

* Q1 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S

* SEES 2018 CAPITAL EXPENDITURES IN A RANGE BETWEEN $200 MILLION AND $220 MILLION

* EXPECT OPERATING PROFIT MARGIN TO APPROACH 9 PERCENT TO 11 PERCENT RANGE FOR SECOND HALF OF 2018

* NON-RECURRENCE OF Q1 2017 TARIFF REVERSAL CREATED UNFAVORABLE VARIANCE OF $22 MILLION IN Q1 OF THIS YEAR

* "WE EXPECT OUR PERFORMANCE TO BE CHOPPY IN MONTHS AHEAD" Source text for Eikon: Further company coverage:

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