Cooper Companies (NYSE: COO ) is expected to report Q3 earnings on Sep. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cooper Companies's revenues will increase 4.7% and EPS will expand 12.2%.
The average estimate for revenue is $367.9 million. On the bottom line, the average EPS estimate is $1.29.
Last quarter, Cooper Companies logged revenue of $344.6 million. GAAP reported sales were 5.9% higher than the prior-year quarter's $325.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.12. GAAP EPS of $1.12 for Q2 were 53% higher than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 64.0%, 200 basis points better than the prior-year quarter. Operating margin was 19.0%, 50 basis points better than the prior-year quarter. Net margin was 15.9%, 500 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.43 billion. The average EPS estimate is $5.05.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cooper Companies is outperform, with an average price target of $89.00.
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