Report
Michael Waterhouse
EUR 101.80 For Business Accounts Only

Cooper’s 1Q Shows Solid Growth but Evidence of Competitive Pressures; CEO Transition Announced

The Cooper Companies reported fiscal first-quarter earnings slightly ahead of our expectations, with revenue growth of 18% year over year and 45% in adjusted EPS growth. Management raised its full-year outlook, reflecting favorable currency effects as well as higher margins due to some efficiency improvements and the acquisition of high-margin Paragard, but we do not expect a material change to our fair value estimate. The company also announced the retirement of President and CEO Bob Weiss, who...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Waterhouse

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch