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Cooper Companies reports Q2 EPS 85c, consensus 83c

Reports Q2 revenue $942.6M, consensus $948.06M. Commenting on the results, Al White, Cooper’s President and CEO said, “I’m pleased to report record quarterly revenues and great operational progress throughout the organization. CooperVision returned to double-digit growth driven by our portfolio of leading silicone hydrogel lenses, and CooperSurgical posted a solid quarter despite some unexpected challenges with a system upgrade in our US distribution center. As we move forward, we’re increasing our revenue and earnings guidance by incorporating this past quarter and the momentum we’re seeing in the market.”

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