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The Cooper Companies (COO), headquartered in San Ramon, California, develops, manufactures, and markets contact lens wearers. Valued at $18.56 billion by market cap, the company’s products include contact lenses for the vision care market and diagnostic products, surgical instruments, and accessories for gynecologists and obstetricians. The leading medical device company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Wednesday, Aug. 28.
Ahead of the event, analysts expect COO to report a profit of $0.91 per share on a diluted basis, up 8.3% from $0.84 per share in the year-ago quarter. The company beat or matched the consensus estimates in each of the last four quarters.