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Cooper Tire & Rubber's Q3 Earnings Aren't as Good as They Appear

TheMotleyFool

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Cooper Tire & Rubber's Q3 Earnings Aren't as Good as They Appear

Something always seems a bit strange when a company delivers a solid earnings beat, but shares decline anyways. This past quarter, Cooper Tire & Rubber's (NYSE: CTB) stock declined close to 10% even though the company posted much better than expected earnings results. Looking at the results, though, it looked like this quarter's performance was from one-time items.

Let's go through Cooper's most recent results to see what's going on with this tire manufacturer.

Image source: Getty Images.

Source: Fool.com