Coty Inc reports results for the quarter ended December 31 - Earnings Summary

• Coty Inc COTY.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 10 cents to 24 cents per share.

• Revenue fell 3.3% to $1.67 billion from a year ago; analysts expected $1.72 billion.

• Coty Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $20.4 million.

• Coty Inc shares had fallen by 2.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.2% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the personal products peer group is also "buy"

Wall Street's median 12-month price target for Coty Inc is $10.00

This summary was machine generated from LSEG data February 10 at 10:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)