CooperCompanies Sees FY24 Adj. EPS $3.54-$3.60 vs $3.54 Est., revenue $3.863B-$3.905B vs $3.88B Est.
Portfolio Pulse from Benzinga Newsdesk
CooperCompanies has released its financial guidance for FY24, projecting adjusted EPS between $3.54 and $3.60, which aligns with the estimated $3.54. The company also forecasts revenue between $3.863 billion and $3.905 billion, slightly above the estimated $3.88 billion.
May 30, 2024 | 8:24 pm
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CooperCompanies' FY24 financial guidance shows adjusted EPS in line with estimates and revenue slightly above expectations. This indicates stable financial performance and potential for slight positive market reaction.
The company's guidance for adjusted EPS aligns with market expectations, while the revenue forecast slightly exceeds estimates. This suggests a stable financial outlook, which could lead to a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100