30.08.2023 22:22:39 - dpa-AFX: The Cooper Companies, Inc. Q3 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - The Cooper Companies, Inc. (COO) announced a profit
for third quarter that decreased from the same period last year but beat the
Street estimates.

The company's earnings totaled $85.3 million, or $1.71 per share. This
compares with $98.4 million, or $1.98 per share, in last year's third quarter.

Excluding items, The Cooper Companies, Inc. reported adjusted earnings of $3.35
per share for the period.

Analysts on average had expected the company to earn $3.34 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.3% to $930.2 million from $843.4
million last year.

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

-Earnings (Q3): $85.3 Mln. vs. $98.4 Mln. last year.
-EPS (Q3): $1.71 vs. $1.98 last year.
-Analyst Estimates: $3.34
-Revenue (Q3): $930.2 Mln vs. $843.4 Mln last year.

-Guidance:
Next quarter EPS guidance: $3.39 - $3.57
Full year EPS guidance: $12.72 - $12.90
Full year revenue guidance: $3,578 - $3,595 Mln


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