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The Cooper Companies, Inc. Q3 Profit Decreases, But Beats Estimates

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

The Cooper Companies, Inc. (COO) announced earnings for third quarter that Decreased from last year but beat the Street estimates.

The company's earnings came in at $98.3 million, or $0.49 per share. This compares with $104.7 million, or $0.52 per share, last year.

Excluding items, The Cooper Companies, Inc. reported adjusted earnings of $220.3 million or $1.10 per share for the period.

Analysts on average had expected the company to earn $1.07 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.8% to $1.060 billion from $1.002 billion last year.

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

-Earnings: $98.3 Mln. vs. $104.7 Mln. last year.
-EPS: $0.49 vs. $0.52 last year.
-Revenue: $1.060 Bln vs. $1.002 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.10 - $1.14
Next quarter revenue guidance: $1,049 - $1,069 Mln
Full year EPS guidance: $4.08 - $4.12
Full year revenue guidance: $4,076 - $4,096 Mln

For comments and feedback contact: editorial@rttnews.com

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