We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into The Cooper Companies (COO) Q2: Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that The Cooper Companies (COO - Free Report) will report quarterly earnings of $0.93 per share in its upcoming release, pointing to a year-over-year increase of 9.4%. It is anticipated that revenues will amount to $995.5 million, exhibiting an increase of 5.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific The Cooper Companies metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenue by Category- CVI' will reach $668.90 million. The estimate indicates a change of +5.2% from the prior-year quarter.
The consensus estimate for 'Revenue by Category- CSI' stands at $329.51 million. The estimate suggests a change of +7.4% year over year.
Analysts' assessment points toward 'Revenue by Category- CSI- Office and surgical' reaching $195.05 million. The estimate suggests a change of +6.7% year over year.
The average prediction of analysts places 'Revenue by Category- CSI- Fertility' at $135.26 million. The estimate indicates a change of +9.3% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenue by Category- CVI- Sphere, other' should come in at $337.20 million. The estimate indicates a year-over-year change of +3.6%.
Analysts expect 'Revenue by Category- CVI- Toric and multifocal' to come in at $331.85 million. The estimate points to a change of +7% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue by Geography- Americas' should arrive at $288.41 million. The estimate suggests a change of +9.1% year over year.
The combined assessment of analysts suggests that 'Revenue by Geography- Asia Pacific' will likely reach $136.60 million. The estimate indicates a year-over-year change of +1.6%.
The consensus among analysts is that 'Revenue by Geography- EMEA' will reach $243.81 million. The estimate suggests a change of +2.9% year over year.
Shares of The Cooper Companies have experienced a change of -4% in the past month compared to the +10.7% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), COO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into The Cooper Companies (COO) Q2: Wall Street Projections for Key Metrics
Wall Street analysts forecast that The Cooper Companies (COO - Free Report) will report quarterly earnings of $0.93 per share in its upcoming release, pointing to a year-over-year increase of 9.4%. It is anticipated that revenues will amount to $995.5 million, exhibiting an increase of 5.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific The Cooper Companies metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenue by Category- CVI' will reach $668.90 million. The estimate indicates a change of +5.2% from the prior-year quarter.
The consensus estimate for 'Revenue by Category- CSI' stands at $329.51 million. The estimate suggests a change of +7.4% year over year.
Analysts' assessment points toward 'Revenue by Category- CSI- Office and surgical' reaching $195.05 million. The estimate suggests a change of +6.7% year over year.
The average prediction of analysts places 'Revenue by Category- CSI- Fertility' at $135.26 million. The estimate indicates a change of +9.3% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenue by Category- CVI- Sphere, other' should come in at $337.20 million. The estimate indicates a year-over-year change of +3.6%.
Analysts expect 'Revenue by Category- CVI- Toric and multifocal' to come in at $331.85 million. The estimate points to a change of +7% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue by Geography- Americas' should arrive at $288.41 million. The estimate suggests a change of +9.1% year over year.
The combined assessment of analysts suggests that 'Revenue by Geography- Asia Pacific' will likely reach $136.60 million. The estimate indicates a year-over-year change of +1.6%.
The consensus among analysts is that 'Revenue by Geography- EMEA' will reach $243.81 million. The estimate suggests a change of +2.9% year over year.
View all Key Company Metrics for The Cooper Companies here>>>
Shares of The Cooper Companies have experienced a change of -4% in the past month compared to the +10.7% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), COO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>