Coty Inc. reports results for the quarter ended September 30 - Earnings Summary

• Coty Inc. COTY.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of eleven analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 12 cents to 13 cents per share.

• Revenue fell 1.4% to $1.56 billion from a year ago; analysts expected $1.52 billion.

• Coty Inc.'s reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $106.2 million.

• Coty Inc. shares had risen by 26.1% this quarter and gained 6.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the personal products peer group is also "hold"

• Wall Street's median 12-month price target for Coty Inc. is $2.87, about 21.1% below its last closing price of $3.47

This summary was machine generated from LSEG data November 5 at 02:37 a.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)