-=Cooper (COO) reported earnings on Thur 29 Aug 2019 (a/h)

Cooper beats by $0.05, misses on revs; guides Q EPS in-line; raises low end of FY19 EPS in-line, narrows revs in-line 

Reports Q3 (Jul) earnings of $3.23 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $3.18; revenues rose 2.9% year/year to $679.4 mln vs the $687.6 mln S&P Capital IQ Consensus. CooperVision (CVI) revenue up 4% to $509.1 million, and CooperSurgical (CSI) revenue consistent with last year at $170.3 million.

Co issues in-line guidance for Q, sees EPS of $3.22-3.30 vs. $3.28 S&P Capital IQ Consensus.

Co issues in-line guidance for FY19, sees EPS of $12.27-12.35 from $12.15-12.35, excluding non-recurring items, vs. $12.28 S&P Capital IQ Consensus; sees FY19 revs of $2.635-2.655 bln from $2.633-2.667 bln vs. $2.65 bln S&P Capital IQ Consensus.