Cooper Companies Q2 2024 Adj EPS $0.85 Beats $0.83 Estimate, Sales $942.60M Miss $948.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cooper Companies (NYSE:COO) reported Q2 2024 adjusted EPS of $0.85, beating the analyst estimate of $0.83. However, sales of $942.60 million missed the $948.06 million estimate. Sales increased by 7.43% year-over-year.
May 30, 2024 | 8:19 pm
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Cooper Companies reported Q2 2024 adjusted EPS of $0.85, beating the analyst estimate of $0.83. However, sales of $942.60 million missed the $948.06 million estimate. Sales increased by 7.43% year-over-year.
The EPS beat is a positive indicator, but the sales miss could offset some of the optimism. The year-over-year sales increase is a positive sign, but the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100