05.12.2013 22:13:06

Cooper Companies Q4 Profit Down - Quick Facts

(RTTNews) - The Cooper Companies Inc. (COO) Thursday reported fourth-quarter profit of $57.31 million or $1.15 per share, down from $72.18 million or $1.46 per share in the same period last year.

Adjusted earnings for the quarter was $73.76 million or $1.48 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $1.80 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $411.85 million from $396.30 million last year. Analysts expected revenues of $421.62 million.

Looking ahead to the fiscal year 2013, the company has forecast earnings in a range of $6.70 to $7.00 per share, with revenues ranging between $1.675 billion and $1.735 billion. Analysts currently expect full-year earnings of $7.00 per share on revenues of $1.71 billion.

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