The Cooper Companies (COO) posted positive results in the quarter, with revenue and earnings growth beatings estimates. While macro trends are expected to underpin healthy growth going forward, the company is expanding manufacturing capacity and counting on new products to continue to grow above market levels in the years ahead.
We remain optimistic about the company, as positive fundamentals and reasonable valuation are poised to drive stock prices higher going forward.
Q4 and FY 2019 Earnings Highlights
Revenue was $692 million in the quarter, 1% above estimates and up 6% over a year