Cooper Companies (COO)
NASDAQ:COO
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Earnings Data
Report Date
Sep 02, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.12Last Year’s EPS
1.1Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally positive operational and financial picture: record quarterly revenue and strong non-GAAP EPS, meaningful margin expansion, robust product-level growth (notably MiSight and CooperSurgical fertility), improved free cash flow and active strategic initiatives. However, material near-term headwinds create caution — a significant litigation settlement affecting GAAP results and concentrated cash outflows, Asia Pacific market softness tied to legacy product rationalization and consumer weakness (especially Japan/China), and expected short-term gross margin pressure from FX, tariffs and inventory optimization. Management balanced conservative guidance with a clear plan for capital allocation and strategic review progress, leaving the near-term outlook mixed but supported by strong execution and long-term cash-generation targets.Company Guidance
Record Quarterly Revenue and Earnings
Consolidated revenue of $1.08 billion, up 8% year-over-year; non-GAAP EPS of $1.21, up 26% year-over-year; tenth consecutive quarter beating consensus.
Strong Operating Leverage and Margin Expansion
Operating income increased 19% with a 27.5% operating margin; gross margin of 68.1% roughly flat year-over-year; operating expenses rose only 1% reflecting reorganization benefits.
Robust Free Cash Flow and Balance Sheet Improvement
Generated $96 million of free cash flow in Q2; reduced net debt to $2.3 billion; maintained capital allocation focus on growth and buybacks (repurchased $13 million in the quarter).
CooperVision: Market Leadership and Product Momentum
CooperVision revenue $724 million, up 8% (4% organic); Americas +7%, EMEA +6%; daily silicone hydrogel lenses grew 8%; Biofinity up 5% organically; company remains #1 global contact lens maker (~1/3 of wearers).
MiSight (Myopia Control) High Growth
MiSight revenue grew 24% to $32 million with strong uptake in Japan and a successful MyDay MiSight launch in Europe; increased consumer awareness activities during back-to-school season.
CooperSurgical: Strong Performance, Especially Fertility
CooperSurgical revenue $358 million, up 8% (6% organic); fertility grew 13% (10% organic) to $144 million driven by capital equipment, Witness lab tracking and consumables; genomics and capital equipment also contributed.
Strategic Review Attracting Robust Interest
Following settlement of most litigation, management initiated a strategic review of CooperSurgical and reported robust interest from multiple parties for the entire business and parts thereof, with expedited work underway.
Prudent and Clear Guidance with FCF Targets
FY2026 revenue guidance $4.28–4.32 billion (5–6% growth; organic 3.5–4.5%); EPS guidance $4.58–4.66 maintained; 2026 free cash flow outlook increased to roughly $650 million (guidance language around litigation varied in discussion) and reaffirmed $2.2 billion FCF target for 2026–2028.
COO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
COO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2026 | $62.02 | ― | ― |
Mar 05, 2026 | $80.20 | $76.55 | -4.55% |
Dec 04, 2025 | $77.03 | $81.40 | +5.67% |
Aug 27, 2025 | $74.10 | $64.58 | -12.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cooper Companies (COO) report earnings?
Cooper Companies (COO) is schdueled to report earning on Sep 02, 2026, After Close (Confirmed).
What is Cooper Companies (COO) earnings time?
Cooper Companies (COO) earnings time is at Sep 02, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COO EPS forecast?
COO EPS forecast for the fiscal quarter 2026 (Q3) is 1.12.
