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The Cooper Companies: Fiscal Q3 Earnings Snapshot
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SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — The Cooper Companies (COO) on Wednesday reported fiscal third-quarter profit of $432.8 million.

On a per-share basis, the San Ramon, California-based company said it had profit of $2.24. Earnings, adjusted for one-time gains and costs, were $1.15 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The surgical and contact lens products maker posted revenue of $1.07 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $1.1 billion.

For the current quarter ending in October, The Cooper Companies expects its per-share earnings to range from $1.05 to $1.09.

The company said it expects revenue in the range of $1.06 billion to $1.08 billion for the fiscal fourth quarter.

The Cooper Companies expects full-year earnings in the range of $4.51 to $4.55 per share, with revenue ranging from $4.23 billion to $4.25 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COO at https://www.zacks.com/ap/COO

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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