29.02.2024 22:21:25 - dpa-AFX: The Cooper Companies, Inc. Q1 Profit Decreases, but beats estimates

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

The company's bottom line totaled $81.2 million, or $0.41 per share. This
compares with $84.2 million, or $0.43 per share, in last year's first quarter.

Excluding items, The Cooper Companies, Inc. reported adjusted earnings of $0.85
per share for the period.

Analysts on average had expected the company to earn $0.78 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 8.5% to $931.6 million from $858.5
million last year.

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

-Earnings (Q1): $81.2 Mln. vs. $84.2 Mln. last year.
-EPS (Q1): $0.41 vs. $0.43 last year.
-Revenue (Q1): $931.6 Mln vs. $858.5 Mln last year.

-Guidance:
Full year EPS guidance: $3.50 - $3.58
Full year revenue guidance: $3,847 - $3,897 mill


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