Cooper Companies (NYSE: COO) reported earnings on March 7. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Jan. 31 (Q1), Cooper Companies beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share increased. GAAP earnings per share increased significantly.

Gross margins shrank, operating margins dropped, net margins expanded.

Revenue details
 Cooper Companies tallied revenue of $379.8 million. The nine analysts polled by S&P Capital IQ expected to see net sales of $365.1 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $326.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $1.23. The 10 earnings estimates compiled by S&P Capital IQ predicted $1.19 per share. Non-GAAP EPS of $1.23 for Q1 were 9.8% higher than the prior-year quarter's $1.12 per share. GAAP EPS of $1.50 for Q1 were 34% higher than the prior-year quarter's $1.12 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 63.3%, 120 basis points worse than the prior-year quarter. Operating margin was 18.1%, 80 basis points worse than the prior-year quarter. Net margin was 19.7%, 290 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $388.5 million. On the bottom line, the average EPS estimate is $1.40.

Next year's average estimate for revenue is $1.60 billion. The average EPS estimate is $6.03.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cooper Companies is outperform, with an average price target of $106.33.

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