Cooper Companies raises 2025 profit forecast on contact lens demand

- 5/29/2025

</head><body><p>(Reuters) -Cooper Companies raised its annual profit forecast on Thursday, after beating quarterly results estimates, banking on strong demand for its contact lenses.</p><p>The company expects annual adjusted profit of $4.05 to $4.11 per share, up from its previous expectations of $3.94 to $4.02 apiece.</p><p>Shares of the company, however, were down 4.3% in extended trading. </p><p>Cooper narrowed its 2025 revenue outlook to between $4.11 billion and $4.15 billion, from its previous expectations of $4.08 billion to $4.16 billion.</p><p>It raised the lower end of the sales forecast for CooperVision, the company's contact lens division, but lowered the upper end of the outlook for its surgical division, which provides a range of fertility and women's care devices.</p><p>The California-based company posted total revenue of $1 billion for the quarter ended April 30, beating Wall Street estimates of $995.4 million, according to data compiled by LSEG. The beat was driven by sales in both its contact lens and surgical device businesses.</p><p>On an adjusted basis, the company reported a quarterly profit of 96 cents, above analysts' average estimate of 93 cents.</p><p>Cooper's results contrast with those of peer Alcon, which reported first-quarter results below estimates earlier this month.</p><p/><p> (Reporting by Puyaan Singh in Bengaluru; Editing by Alan Barona)</p></body></html></p> <div id="news-wrapper"> <div class="thumbnail additional-resources client-content-image-box"> <div class="box-image" style="background-image: url(/images/home/news.jpg);"></div> <div class="caption"> <h3>Nationwide News</h3> <div> <p><a href='/aging/news-archive.aspx'>News Archive</a></p> </div> </div> </div> </div> </div> </div> </div> </section> </div>  <footer class="footer">  <div class="clearfix footerInfo"> <div class="container"> <div class="row"> <div class="col-sm-7 col-xs-12"> <div class="footerText"> <a href="http://www.trilogyir.com/" target="_blank" class="footerLogo"><img src="/images/Noc-Logo-white.png" alt="Footer Logo" style="width: 200px;"></a> <div class="genericContent" id="landingPageText"> <p>The Network of Care is a comprehensive, Internet-based community resource for seniors and persons with disabilities, as well as their caregivers and service providers.</p> </div> <h3 id="lblTechAssistance" style="color: #fff; 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Cooper Companies raises 2025 profit forecast on contact lens demand