Financial Data and Key Metrics Changes - For Q4, consolidated revenues were $1.018 billion, up 10% year-over-year or up 7% organically [12][32] - Non-GAAP earnings per share grew 19% to $1.04 [13] - Consolidated gross margin was 66.9%, up from 66.7% [33] - Operating income grew 16.2%, improving the margin to 25.9% [33] - Full year revenues reached $3.9 billion, up 8% and up 8% organically [36] Business Line Data and Key Metrics Changes - CooperVision reported quarterly revenues of $676 million, up 9% or 8% organically, driven by silicone hydrogel dailies and torics [12][36] - CooperSurgical posted quarterly revenues of $342 million, up 12% or 5% organically, with fertility growing 15% or 13% organically [12][36] - Daily silicone hydrogel lenses, MyDay and clariti, grew 14% and 8% respectively [14] Market Data and Key Metrics Changes - The contact lens market is expected to grow 5% to 7% in constant currency, with the company taking share growing 6.5% to 8.5% [11] - In the Americas, CooperVision grew 6%, EMEA grew 11%, and Asia Pac grew 7% [13] Company Strategy and Development Direction - The company aims to take market share, drive profitability, and execute strategic priorities including product availability and manufacturing capacity expansion [9] - Focus on myopia management and fertility as key growth areas [41] Management's Comments on Operating Environment and Future Outlook - Management noted unexpected softness in the U.S. market towards the end of Q4, attributed to various factors including potential weather impacts [46][47] - The company remains optimistic about growth in fiscal 2025, expecting continued demand for MyDay and MiSight products [51][130] Other Important Information - The company is committed to driving efficiency gains and EPS growth, with expectations for gross margin expansion and operating income growth of 10% to 12% in constant currency for fiscal 2025 [41][39] - The company has no manufacturing in China, Mexico, or Canada, mitigating potential tariff impacts [88] Q&A Session Summary Question: Can you provide more color on the unexpected softness at the end of the quarter? - Management noted softness in the U.S. market and some other regions like China, which was unexpected but has since returned to normal [46][47] Question: What is the outlook for PARAGARD given the 10% decline in Q4? - Management expects continued pressure on PARAGARD from competitive products, with fiscal 2025 growth anticipated to be flat to slightly up [56][57] Question: How do you see the pricing environment for contact lenses in FY '25? - Management is confident that the contact lens industry will offset inflation impacts, with expectations for stable pricing [92] Question: What is the expected contribution from acquired revenue? - Management confirmed approximately $25 million in annualized revenue from recent acquisitions, with a quiet M&A environment currently [96] Question: What are the upcoming product launches? - Management highlighted ongoing efforts to launch MyDay products in additional markets, with a focus on increasing availability [104][105]

The Cooper Companies (COO) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this surgical and contact lens products maker would post earnings of $0.91 per share when it actually produced earnings of $0.96, delivering a surprise of 5.49%.Over the las ...

Revenue and Growth - Q4 2024 revenue of $1,018.4 million, up 10% YoY, with organic growth of 7%[1] - Fiscal year 2024 revenue of $3.9 billion, up 8% YoY, with organic growth of 8%[1] - Q4 2024 CooperVision (CVI) revenue of $676.4 million, up 9% YoY, with organic growth of 8%[7] - Q4 2024 CooperSurgical (CSI) revenue of $342.0 million, up 12% YoY, with organic growth of 5%[10] - Fiscal 2025 revenue guidance of $4,080 - $4,158 million, with organic growth of 6% to 8%[15] - Net sales for Q4 2024 increased by 10% year-over-year to $1,018.4 million, with organic growth of 7%[57] - CooperVision's net sales grew by 9% year-over-year to $676.4 million, with organic growth of 8%[57] - CooperSurgical's net sales increased by 12% year-over-year to $342.0 million, with organic growth of 5%[57] Earnings and Profitability - Q4 2024 GAAP diluted EPS of $0.58, up 38% YoY, and fiscal 2024 GAAP diluted EPS of $1.96, up 33% YoY[2] - Q4 2024 non-GAAP diluted EPS of $1.04, up 19% YoY, and fiscal 2024 non-GAAP diluted EPS of $3.69, up 15% YoY[2] - Q4 2024 gross margin of 67%, up from 65% in the prior year, driven by price and efficiency gains[4] - Q4 2024 operating margin of 19%, up from 15% in the prior year, driven by SG&A expense leverage and stronger gross margins[4] - Fiscal 2025 non-GAAP diluted EPS guidance of $3.92 - $4.02[15] - GAAP Net Income for the three months ended October 31, 2024, was $117.5 million, compared to $84.5 million in the same period in 2023[27] - Non-GAAP Net Income for the three months ended October 31, 2024, was $208.5 million, compared to $173.2 million in the same period in 2023[27] - Net income for Q4 2024 rose to $117.5 million, up from $84.5 million in Q4 2023[54] - Earnings per share (diluted) for Q4 2024 were $0.58, compared to $0.42 in Q4 2023[54] - Gross profit for Q4 2024 was $677.7 million, up from $606.5 million in Q4 2023[54] Expenses and Charges - Acquisition and integration-related charges for the three months ended October 31, 2024, were $7.2 million, primarily related to the Cook Medical acquisition[28] - Business optimization charges for the three months ended October 31, 2024, included $1.5 million in employee severance costs and $1.0 million related to IT infrastructure changes[34] - The twelve months ended October 31, 2024, included $20.6 million in acquisition and integration-related charges, primarily related to the Cook Medical acquisition[28] - The twelve months ended October 31, 2024, also included $18.3 million in business optimization charges, with $10.6 million related to employee severance costs[34] - The company incurred $4.0 million in charges related to compliance with new EU medical device regulations for the three months ended October 31, 2024[32] - The twelve months ended October 31, 2024, included $12.9 million in other charges, with $5.9 million related to gains and losses on minority interest investments[37] - Research and development expenses increased to $37.7 million in Q4 2024 from $36.7 million in Q4 2023[54] Financial Position - Total assets increased to $12,315.2 million in 2024 from $11,658.9 million in 2023[51] - Long-term debt stood at $2,550.4 million in 2024, slightly up from $2,523.8 million in 2023[51] - Total current assets grew to $1,951.5 million in 2024 from $1,704.9 million in 2023[51] Corporate Developments - The company recorded a deferred tax asset of approximately $2.0 billion in fiscal 2021 due to the transfer of CooperVision intellectual property and goodwill to its UK subsidiary[39] - The company will host an audio webcast to discuss its fourth-quarter results and corporate developments, available on CooperCompanies' website[39]

SAN RAMON, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- CooperCompanies (Nasdaq: COO), a leading global medical device company, today announced financial results for its fiscal fourth quarter and full year ended October 31, 2024. Fourth quarter 2024 revenue of $1,018.4 million, up 10%, or up 7% organically. Fiscal year 2024 revenue of $3.9 billion, up 8%, or up 8% organically.Fourth quarter 2024 GAAP diluted earnings per share (EPS) of $0.58, up 38%. Fiscal 2024 GAAP diluted EPS of $1.96, up 33%.Fourth quarter ...

Breaking News: Brenmiller Energy COO Will Present At The Emerging Growth Conference Today At 11:25 AM ESTDecember 04, 2024 8:45 AM EST | Source: Hawk Point Media Group.Miami, Florida--(Newsfile Corp. - December 4, 2024) - Brenmiller Energy Ltd. (NASDAQ: BNRG) COO Nir Brenmiller will present at the Emerging Growth Conference on Wednesday, December 4, 2024, at 11:25 AM EST. The fireside-chat-styled interview provides a forum for Mr. Brenmiller to explain how recent announcements position his com ...

Core Viewpoint - The Cooper Companies, Inc. is expected to report strong fourth-quarter fiscal 2024 results, with anticipated revenue growth and earnings improvement compared to the previous year [1][3][11]. Financial Estimates - The Zacks Consensus Estimate for revenues is projected at $1.03 billion, reflecting a 10.8% increase year-over-year [3]. - The consensus estimate for earnings is set at $1.00 per share, indicating a 15% improvement from the prior-year period [3]. Segment Performance - Cooper Companies operates under two main segments: CooperVision (CVI) and CooperSurgical (CSI), both of which have shown strength in recent quarters [4][10]. - CVI's revenues for Q4 are expected to range from $673 million to $685 million, representing organic growth of 8-10% [7]. - CSI's revenues are projected to be between $342 million and $350 million, indicating organic growth of 6-8% [10]. Growth Drivers - The demand for contact lenses has increased, particularly due to a global shift towards daily contact lenses, with CVI's lens business growing 13% in the Americas and 7% in both EMEA and Asia-Pacific [5]. - New product introductions, such as MyDay Energys and upgraded clariti multifocal, along with a successful back-to-school campaign, have contributed to increased consumption [6]. - CSI has benefited from strong demand for fertility and surgical products, particularly the PARAGARD device, and the company's new cryo management software and FastTrack genomics testing have aided sales [8][9]. Earnings Prediction - The company is predicted to beat earnings estimates, supported by a positive Earnings ESP of +1.25% and a Zacks Rank of 3 [11][12].

Wall Street analysts expect The Cooper Companies (COO) to post quarterly earnings of $1 per share in its upcoming report, which indicates a year-over-year increase of 14.9%. Revenues are expected to be $1.03 billion, up 10.8% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...

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Group 1 - Canadian Pacific Kansas City (CPKC) will present at the 2024 UBS Global Industrials and Transportation Conference on December 4, 2024, at 9:40 a.m. ET [1] - The presentation will be led by President and CEO Keith Creel and Executive Vice-President and COO Mark Redd [1] - A live audio webcast of the event will be available, along with a replay after the event concludes [1] Group 2 - CPKC is the first and only single-line transnational railway connecting Canada, the United States, and Mexico [2] - The railway spans approximately 20,000 route miles and employs 20,000 railroaders, providing extensive rail service across North America [2] - CPKC offers a range of freight transportation services, logistics solutions, and supply chain expertise to its customers [2]

CALGARY, AB, Nov. 19, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel and Executive Vice-President and Chief Operating Officer Mark Redd will address the 2024 UBS Global Industrials and Transportation Conference on Dec. 3, 2024, at 8:50 a.m. ET.CPKC will provide access to the live audio webcast at investor.cpkcr.com. A replay will also be available following the conclusion of the event.About Canadian Pacific Kansas CityWith its g ...