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Countdown to The Cooper Companies (COO) Q3 Earnings: Wall Street Forecasts for Key Metrics
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In its upcoming report, The Cooper Companies (COO - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.11 per share, reflecting an increase of 0.9% compared to the same period last year. Revenues are forecasted to be $1.1 billion, representing a year-over-year increase of 3.6%.
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.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific The Cooper Companies metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Revenue by Category- CVI' will reach $742.19 million. The estimate suggests a change of +3.3% year over year.
Analysts predict that the 'Revenue by Category- CSI' will reach $356.69 million. The estimate indicates a change of +4.3% from the prior-year quarter.
It is projected by analysts that the 'Revenue by Category- CSI- Office and surgical' will reach $213.77 million. The estimate suggests a change of +4.4% year over year.
Analysts expect 'Revenue by Category- CSI- Fertility' to come in at $143.32 million. The estimate indicates a year-over-year change of +4.5%.
Analysts forecast 'Revenue by Category- CVI- Sphere, other' to reach $367.10 million. The estimate indicates a change of +2.1% from the prior-year quarter.
The average prediction of analysts places 'Revenue by Category- CVI- Toric and multifocal' at $375.41 million. The estimate points to a change of +4.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue by Geography- Americas' should come in at $305.98 million. The estimate points to a change of +7% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue by Geography- Asia Pacific' should arrive at $134.25 million. The estimate indicates a year-over-year change of -4.3%.
The combined assessment of analysts suggests that 'Revenue by Geography- EMEA' will likely reach $303.55 million. The estimate points to a change of +3.9% from the year-ago quarter.
Shares of The Cooper Companies have demonstrated returns of -6.8% over the past month compared to the Zacks S&P 500 composite's +2.5% change. With a Zacks Rank #4 (Sell), COO is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Countdown to The Cooper Companies (COO) Q3 Earnings: Wall Street Forecasts for Key Metrics
In its upcoming report, The Cooper Companies (COO - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.11 per share, reflecting an increase of 0.9% compared to the same period last year. Revenues are forecasted to be $1.1 billion, representing a year-over-year increase of 3.6%.
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.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific The Cooper Companies metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Revenue by Category- CVI' will reach $742.19 million. The estimate suggests a change of +3.3% year over year.
Analysts predict that the 'Revenue by Category- CSI' will reach $356.69 million. The estimate indicates a change of +4.3% from the prior-year quarter.
It is projected by analysts that the 'Revenue by Category- CSI- Office and surgical' will reach $213.77 million. The estimate suggests a change of +4.4% year over year.
Analysts expect 'Revenue by Category- CSI- Fertility' to come in at $143.32 million. The estimate indicates a year-over-year change of +4.5%.
Analysts forecast 'Revenue by Category- CVI- Sphere, other' to reach $367.10 million. The estimate indicates a change of +2.1% from the prior-year quarter.
The average prediction of analysts places 'Revenue by Category- CVI- Toric and multifocal' at $375.41 million. The estimate points to a change of +4.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue by Geography- Americas' should come in at $305.98 million. The estimate points to a change of +7% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue by Geography- Asia Pacific' should arrive at $134.25 million. The estimate indicates a year-over-year change of -4.3%.
The combined assessment of analysts suggests that 'Revenue by Geography- EMEA' will likely reach $303.55 million. The estimate points to a change of +3.9% from the year-ago quarter.
View all Key Company Metrics for The Cooper Companies here>>>Shares of The Cooper Companies have demonstrated returns of -6.8% over the past month compared to the Zacks S&P 500 composite's +2.5% change. With a Zacks Rank #4 (Sell), COO is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .