TROY, Mich., Nov 14--Automotive supplier Collins & Aikman Corp. posted a third quarter loss of $45.2 million, or $0.54 per share, compared with a loss of $13.8 million, or $0.32 per share, in the same period a year ago.
Sales in the quarter were $922.5 million up from $430.4 million. Before restructuring charges, the company reported a loss of $0.28 per share in the third quarter.
In August, Collins & Aikman predicted full year earnings of $15 million to $20 million, or $0.20 to $0.26 per share, excluding one time items. It forecast full year sales of $3.85 billion to $3.95 billion and operating income of $270 million to $280 million.
