Tuesday, Cooper Industries plc (CBE) reported fourth-quarter net income of $128.8 million or $0.76 per share, compared to net income of $111.1 million or $0.65 per share in the same quarter last year.
Excluding items, earnings for the quarter was $0.76 per share, compared to $0.84 per share in the comparable quarter last year.
On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.67 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter decreased 17.5% to $1.26 billion, from $1.52 billion in the year ago quarter. Analysts expected the company to report revenue of $1.25 billion for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.