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Cooper Companies Is Losing Ground After Q3 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Cooper Companies (COO) reported third quarter EPS of $0.54 after the bell Thursday, which fell short of the consensus estimate of $0.62. The company expects to report fourth quarter EPS of $0.66 to $0.68 and full year 2009 EPS of $2.27 to $2.29. The consensus estimates are for EPS of $0.60 and $2.30 respectively.

Cooper Companies gapped down Thursday and has fallen steadily on above average volume. Shares are now lower by 2.50 at $24.17. The stock has been declining for the last week and a half and has set nearly a 2-month low.

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