Cooper Companies (COO) Q1 Earnings Top, '24 Outlook Raised
The Cooper Companies(COO) Zacks Investment Research·2024-03-01 13:11
The Cooper Companies, Inc. (COO) reported first-quarter fiscal 2024 adjusted earnings per share (EPS) of 85 cents, which beat the Zacks Consensus Estimate of 79 cents by 7.6%. The bottom line rose 18% on a year-over-year basis.GAAP EPS in the quarter declined 5% from the year-ago period’s level to 41 cents, primarily due to rising expenses.Revenue DetailsRevenues totaled $931.6 million, which outpaced the Zacks Consensus Estimate by 1.8%. The top line improved 9% on a year-over-year basis and 8% at constant ...