Cooper Companies Earnings Up Next

Updated

Cooper Companies (NYS: COO) is expected to report Q3 earnings on Sep. 6. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cooper Companies's revenues will increase 4.7% and EPS will expand 12.2%.

The average estimate for revenue is $367.9 million. On the bottom line, the average EPS estimate is $1.29.


Revenue details
Last quarter, Cooper Companies logged revenue of $344.6 million. 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 details
Last quarter, EPS came in at $1.12. 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.

Recent performance
For the preceding 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.

Looking ahead

The full year's average estimate for revenue is $1.43 billion. The average EPS estimate is $5.05.

Investor sentiment

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 article Cooper Companies Earnings Up Next originally appeared on Fool.com.

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. The Motley Fool has no positions in the stocks mentioned above. 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.

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