Cooper Companies (NYS: COO) reported earnings on Thursday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 30 (Q2), Cooper Companies missed slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Margins grew across the board.
Cooper Companies reported revenue of $344.6 million. The eight analysts polled by S&P Capital IQ anticipated sales of $350.0 million on the same basis. GAAP reported sales were 5.9% higher than the prior-year quarter's $325.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.12. The nine earnings estimates compiled by S&P Capital IQ predicted $1.20 per share. GAAP EPS of $1.12 for Q2 were 53% higher than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.0%, 200 basis points better than the prior-year quarter. Operating margin was 19.0%, 50 basis points better than the prior-year quarter. Net margin was 15.9%, 500 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $366.4 million. On the bottom line, the average EPS estimate is $1.29.
Next year's average estimate for revenue is $1.42 billion. The average EPS estimate is $5.05.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cooper Companies is outperform, with an average price target of $89.00.
The healthcare investing landscape is littered with also-rans and a few major winners. Is Cooper Companies the right stock for you? Read "Discover the Next Rule-Breaking Multibagger" to learn about a company David Gardner believes will be a phenomenal success over the next few years. Click here for instant access to this free report.
Add Cooper Companies to My Watchlist.
At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.