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Major Movers on June 7; COO, YUM, ZQK, THO, MTN, GPS

Shares of the Cooper Companies Inc. (NYSE: COO) gained about 5% by afternoon trade. Higher revenue and stronger margins, helped in driving up the fiscal third quarter income by 37%. Although revenue fell short of estimation, non-GAAP earnings topped expectation. The Company boosted its full-year earnings outlook but slashed the upper end of the full-year [...]

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Cooper Companies Q3 Profit up 37% (COO)

The Cooper Companies Inc. (NYSE: COO) reported late on Thursday that fiscal third quarter income soared 37% as the bottom line was boosted by fatter margins and improved sales. Shares gained about 2.50% in extended trading hours as adjusted earnings edged past Street’s estimate. However, revenue missed expectation.


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