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Cooper Cos. Beats Goal

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Cooper Cos. expects to exceed its previously announced earnings target of $1.30 to $1.35 a share for the fiscal year ending Thursday, the company said Tuesday.

The earnings will include a deferred tax benefit of more than 30 cents a share. Cooper reported earnings of 1 cent a share for the previous fiscal year. There was no deferred tax benefit.

Cooper, which develops and manufactures specialty health care products and services, said revenue will top $108 million for the year.

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The company said it estimates earnings of $1.55 to $1.65 per share for the next fiscal year, including a deferred tax benefit of about 15 cents a share. Revenue is expected to grow by more than 15%.

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