WASHINGTON (dpa-AFX) - The Cooper Companies, Inc. (COO) announced a profit for second quarter that dropped from last year.
The company's earnings came in at $11.5 million, or $0.23 per share. This compares with $122.4 million, or $2.45 per share, in last year's second quarter.
Analysts had expected the company to earn $2.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 19.8% to $524.9 million from $654.3 million last year.
The Cooper Companies, Inc. earnings at a glance:
-EPS (Q2): $1.51 vs. $2.94 last year. -Analysts Estimate: $2.29 -Revenue (Q2): $524.9 Mln vs. $654.3 Mln last year.
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