SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — The Cooper Companies (COO) on Thursday reported fiscal first-quarter net income of $84.6 million.
On a per-share basis, the San Ramon, California-based company said it had net income of $1.70. Earnings, adjusted for non-recurring costs, were $2.90 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.
The surgical and contact lens products maker posted revenue of $858.5 million in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $834 million.
The Cooper Companies expects full-year earnings in the range of $12.60 to $12.90 per share, with revenue in the range of $3.5 billion to $3.55 billion.
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