Can Segmental Growth Aid Cooper Companies' (COO) Q1 Earnings?
Zacks Investment Research | Mar 04, 2019 06:41AM ET
The Cooper Companies’ (NYSE:COO) first-quarter fiscal 2019 results are scheduled to release on Mar 5, after market close.
The company expects to gain from segmental growth in the quarter.
Fiscal Q4 Results at a Glance
In the last reported quarter, the company reported earnings of $2.87 per share, missing the Zacks Consensus Estimate by 3%. However, earnings increased 8.3% on a year-over-year basis.
The California-based specialty medical device company reported revenues worth $651.5 million, surpassing the Zacks Consensus Estimate of $645.8 million. On a year-over-year basis, revenues improved 16%.
Which Way Are Q1 Estimates Trending?
For the quarter to be reported, the Zacks Consensus Estimate for revenues is pegged at $618.5 million, reflecting year-over-year growth of 4.8%. The same for earnings is pegged at $2.50, showing a year-over-year decline of 10.4%.
The Cooper Companies, Inc. Price and EPS Surprise
the complete list of today’s Zacks #1 Rank stocks here .
Cara Therapeutics, Inc. (NASDAQ:CARA) has an Earnings ESP of 11.36% and a Zacks Rank #2.
Chico’s FAS, Inc. (NYSE:CHS) has an Earnings ESP of 2.17% and a Zacks Rank #2.
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