The Cooper Companies Reports Earnings, Raises Guidance (COO)

The Cooper Companies Inc. COO reports Q2 EPS of $0.91 versus estimates of $0.71. The Cooper Companies Inc. reports revenues of $295.6 million versus estimates of $297.03 million. Cooper narrowed its revenue outlook for the year to a range of $1.14-$1.15 billion, up from its prior outlook of $1.1-$1.17 billion. The company sharply raised its EPS estimates, as it now expects to earn $2.83-$2.91 per share, up from a prior estimate of $2.50-$2.60 per share. Analysts had been expecting $2.57 per share.