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The Cooper Companies: Fiscal Q2 Earnings Snapshot

Associated Press Finance
·1 min read

SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — The Cooper Companies (COO) on Thursday reported fiscal second-quarter profit of $88.9 million.

The San Ramon, California-based company said it had profit of 44 cents per share. Earnings, adjusted for one-time gains and costs, came to 85 cents per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The surgical and contact lens products maker posted revenue of $942.6 million in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $948 million.

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The Cooper Companies expects full-year earnings in the range of $3.54 to $3.60 per share, with revenue in the range of $3.86 billion to $3.91 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