Plus   Neg

Cooper Companies Updates FY18 Guidance - Quick Facts

The Cooper Companies, Inc. (COO) announced, for fiscal 2018, the company now projects: non-GAAP earnings per share of $11.70 - $11.90; and total revenue of $2.51 - $2.56 billion.

First quarter non-GAAP earnings per share $2.79, up 45% from last year's first quarter. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $2.51 for the quarter. Analysts' estimates typically exclude special items.

First quarter revenue increased 18% year-over-year to $590.0 million. Analysts expected revenue of $583.48 million for the quarter. Revenue was up 4% on pro forma basis. CooperVision revenue was up 14% to $444.8 million, and CooperSurgical revenue up 32% to $145.2 million.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT