What This Analyst Expects From Cooper Companies Q3 Earnings
Needham expects Cooper Companies Inc (NYSE: COO ) to miss F3Q22 consensus revenue and EPS estimates due to unfavorable currency, lockdowns in China, and incremental interest expense when it releases earnings next week. The analyst also expects the management to lower its FY22 revenue and EPS guidance to account for macro headwinds and FY22 Myopia Management revenue expectations due to currency and lockdowns in China. When Needham initiated coverage, the Hold thesis was based on the limited upside to estimate of a high-single-digit EPS CAGR through FY24. "While we believe Cooper Companies can … Full story available on Benzinga.com
What This Analyst Expects From Cooper Companies Q3 Earnings
Needham expects Cooper Companies Inc (NYSE: COO ) to miss F3Q22 consensus revenue and EPS estimates due to unfavorable currency, lockdowns in China, and incremental interest expense when it releases earnings next week. The analyst also expects the management to lower its FY22 revenue and EPS guidance to account for macro headwinds and FY22 Myopia Management revenue expectations due to currency and lockdowns in China. When Needham initiated coverage, the Hold thesis was based on the limited upside to estimate of a high-single-digit EPS CAGR through FY24. "While we believe Cooper Companies can … Full story available on Benzinga.com