Cooper Companies Q1 Profit Declines - Quick Facts

(RTTNews) - The Cooper Companies Inc. (COO) Thursday reported first-quarter net income attributable to the company stockholders of $71.8 million or $1.47 per share, compared to $74.7 million or $1.50 per share in the same period last year.

Adjusted earnings for the latest first quarter was $1.47 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $1.46 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $404.98 million from $379.84 million last year, while nine analysts expected revenues of $400.37 million.

Looking ahead to the fiscal year 2014, the company has forecast earnings in a range of $6.75 to $7.00 per share, with revenues ranging between $1.685 billion and $1.725 billion. Analysts currently expect full-year earnings of $6.81 per share on revenues of $1.70 billion.

Earlier, the company expected earnings in a range of $6.70 to $7.00 per share, with revenues ranging between $1.675 billion and $1.735 billion.