Cooper Companies Sees FY24 Adj. EPS $13.60-$14.00 vs $14.04 Est., Total Revenue $3.089B-$3.877B vs $3.86B Est.
Portfolio Pulse from Benzinga Newsdesk
Cooper Companies provided its FY24 adjusted EPS guidance of $13.60-$14.00, which is below the estimated $14.04. The company also forecasted total revenue for FY24 to be between $3.089B and $3.877B, which has a midpoint below the estimated $3.86B.
December 07, 2023 | 9:40 pm
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Cooper Companies issued FY24 adjusted EPS guidance below analyst estimates and provided a revenue forecast with a midpoint below expectations.
The guidance provided by Cooper Companies for FY24 adjusted EPS and revenue falls short of analyst expectations, which could lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100