Cooper misses by $0.07, beats on revs; guides Q4 EPS below consensus, revs below consensus
- Reports Q3 (Jul) earnings of $3.00 per share, excluding non-recurring items, $0.07 worse than the S&P Capital IQ Consensus of $3.07; revenues rose 18.7% year/year to $660 mln vs the $653.13 mln S&P Capital IQ Consensus.
- Co issues downside guidance for Q4, sees EPS of $2.90-3.00, excluding non-recurring items, vs. $3.09 S&P Capital IQ Consensus; sees Q4 revs of $634-649 mln vs. $655.37 mln S&P Capital IQ Consensus.
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