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The Cooper Companies, Inc. Q2 Profit Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Cooper Companies, Inc. (COO) revealed earnings for second quarter that beat the Street estimates.

The company's bottom line came in at $87.7 million, or $0.44 per share. This compares with $88.9 million, or $0.44 per share, last year.

Excluding items, The Cooper Companies, Inc. reported adjusted earnings of $193.5 million or $0.96 per share for the period.

Analysts on average had expected the company to earn $0.93 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 6.4% to $1.002 billion from $0.942 billion last year.

The Cooper Companies, Inc. earnings at a glance (GAAP) :

-Earnings: $87.7 Mln. vs. $88.9 Mln. last year.
-EPS: $0.44 vs. $0.44 last year.
-Revenue: $1.002 Bln vs. $0.942 Bln last year.

-Guidance:
Full year EPS guidance: $4.05 - $4.11
Full year revenue guidance: $4,107 - $4,146 Mln

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