The Cooper Companies Sees Q4 EPS $0.98-$1.01 Vs $0.96 Est.; Revenue $1.015B-$1.036B Vs $1.01B Est. FY25 EPS $3.64-$3.67 Vs $3.57 Est.; Revenue $3.892B-$3.913B Vs $3.89B Est.
Portfolio Pulse from Benzinga Newsdesk
The Cooper Companies has raised its fiscal year 2024 financial guidance, projecting higher EPS and revenue than previously estimated. The company expects Q4 EPS of $0.98-$1.01 and revenue of $1.015B-$1.036B, surpassing estimates. FY25 EPS is projected at $3.64-$3.67 with revenue of $3.892B-$3.913B.
August 28, 2024 | 8:18 pm
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The Cooper Companies has raised its fiscal year 2024 guidance, with Q4 EPS expected to be $0.98-$1.01, above the $0.96 estimate. Revenue is projected at $1.015B-$1.036B, also above estimates. FY25 EPS and revenue projections are higher than previous estimates.
The Cooper Companies' raised guidance for both Q4 and FY25 indicates a positive outlook, likely boosting investor confidence and potentially driving the stock price up in the short term. The company's projections exceed analyst estimates, which is typically viewed favorably by the market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100