Cooper Companies’ stock plummeted 13% after releasing its third-quarter fiscal 2025 earnings, reporting over $1.06 billion in revenue. CooperVision contributed $718 million, while CooperSurgical sales rose to nearly $342 million. Non-GAAP adjusted net income increased to $220 million, beating estimates but missing internal expectations. Analysts expressed disappointment in Cooper’s performance.
The company provided guidance for fiscal 2025, forecasting revenue between $4.08 billion to $4.1 billion and adjusted net income of $4.08 to $4.12 per share. The market expected better results from Cooper, with Piper Sandler analyst Jason Bednar noting disappointing organic growth figures. The company aims to improve its performance in the coming quarters.
Investors are cautioned to consider other opportunities, as Cooper Companies did not make the Motley Fool Stock Advisor’s list of top 10 stocks to buy now. The advisory team has a track record of recommending high-performing stocks, with significant returns seen in companies like Netflix and Nvidia. Stock Advisor’s total average return significantly outperforms the S&P 500.
Read more at Yahoo Finance: Why Cooper Companies Stock Sank by 13% Today
