The Cooper Companies Sees FY24 EPS $12.72-$12.90 Vs $12.82 Est.; Revenue $3.578B-$3.595B Vs $3.55B Est.
Portfolio Pulse from Happy Mohamed
The Cooper Companies has updated its fiscal year 2023 financial guidance. The company expects total revenue of $3.578-$3.595 billion, with organic growth of 9% to 10%. The non-GAAP diluted earnings per share are expected to be $12.72-$12.90. The revenue and EPS estimates are higher than the previous estimates of $3.55 billion and $12.82 respectively.
August 30, 2023 | 8:25 pm
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The Cooper Companies has raised its FY23 revenue and EPS guidance. This could potentially lead to a positive reaction in the stock market.
The Cooper Companies has raised its revenue and EPS guidance for FY23, which indicates that the company expects better financial performance than previously estimated. This kind of news is usually well received by investors and can lead to an increase in the stock price.
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