Cooper Cos. (COO) Misses Q2 EPS by 4c; Reaffirms
Cooper Cos. (NYSE: COO) reported Q2 EPS of $1.72, $0.04 worse than the analyst estimate of $1.76. Revenue for the quarter came in at $434.7 million versus the consensus estimate of $453.97 million.
Cooper Cos. reaffirmed FY2015 EPS of $7.40-$7.70, versus the consensus of $7.58. Cooper Cos. sees FY2015 revenue of $1.82-1.86 billion, versus the consensus of $1.88 billion.
Commenting on the results, Robert S. Weiss, Cooper's president and chief executive officer said, "We are very pleased with our continued market share gains at CooperVision. During the second quarter, we made great progress with our launch of clariti® in the United States and we made significant strides on the integration of the Sauflon business. We remain confident we are well positioned to accelerate growth in the back half of this year and into fiscal 2016."
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