The Cooper Companies Announces Third Quarter 2016 Results
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September 2, 2016 7:04 AM EDT
Stifel reiterated a Buy rating and $215.00 price target on Cooper Companies (NYSE: COO) following the company's 3Q earnings report. COO reported revenues of $515MM, essentially matching $511MM estimates. EPS was $2.30, slightly below $2.34 estimates. On the conference call, management clarified concerns about weakness in July, talked to ongoing APAC traction, and the disappointing CSI GM should represent the trough.... More
September 1, 2016 4:20 PM EDT
Cooper Cos. (NYSE: COO) reported Q3 EPS of $2.30, $0.01 better than the analyst estimate of $2.29. Revenue for the quarter came in at $514.7 million versus the consensus estimate of $511.81 million.
GUIDANCE:
Cooper Cos. sees Q4 2016 revenue of $496-509 million, versus the... More
