Cooper Companies Inc. (COO) reported second quarter net income of $1.12 per share after the close Thursday, up from $0.73 per share in the prior year period. The consensus estimate was for EPS of $1.20. Full year 2012 non-GAAP EPS is expected to be between $4.90 and $5.15. The consensus estimate is for EPS of $5.10.
Cooper Companies has gapped open sharply lower Friday and is now down 3.98 at $76.08 on above average volume. The stock has been losing ground for nearly a month and has fallen to over a 3 1/2 month low this morning.
For comments and feedback: editorial@rttnews.com