Cooper Cos FQ3 non-GAAP earnings up 8%; low end of EPS outlook raised

Cooper Companies (NYSE:COO) fiscal Q3 results:

Revenue: $679.4M (+3%); CooperVision: $509.1M (+4%); CooperSurgical: $170.3M (flat).

EPS: $2.40 (+18%); non-GAAP EPS: $3.23 (+8%).

Fiscal Q4 guidance: Revenue: $674M – 694M; CooperVision: $503M – 513M; CooperSurgical: $171M – 181M; non-GAAP EPS: $3.22 – 3.30.

Fiscal 2019 guidance (FY ending 10/31): Revenue: $2,635M – 2,655M from $2,633M – 2,667M; CooperVision: $1,966M – 1,976M from $1,964M – 1,985M; CooperSurgical: $669M – 679M from $669M – 682M; non-GAAP EPS: $12.27 – 12.35 from $12.15 – 12.35.

Previously: The Cooper Companies EPS beats by $0.05, misses on revenue(Aug. 29)

https://seekingalpha.com/news/3495836-cooper-companies-fq3-non-gaap-earnings-8-percent-low-end-eps-outlook-raised