BUZZ-Cooper Companies falls to 15-month low on Q1 revenue miss

Reuters
03-07
BUZZ-Cooper Companies falls to 15-month low on Q1 revenue miss

** Shares of medical device maker Cooper Companies COO.O fall 8.7% to a 15-month low of $83.3

** Stock is set to have its biggest one-day pct fall since 2020

** Co late on Thursday posted Q1 revenue of $964.7 million, missing analysts' average estimate of $978.09 million as per data compiled by LSEG

** Co reiterated its 2025 revenue forecast of between $4.08 billion and $4.16 billion

** Co reported Q1 profit of 92 cents/share, vs analysts' estimate of 91 cents

** Stock has fallen 10.7% in the past 12 months

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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