Coty Inc. (NYSE:COTY) is expected to report fourth quarter earnings results, before market open, on Thursday 27th August 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter loss of $ 0.12 per share.
Looking ahead, the full year income are expected at $ 0.15 per share on the revenues of $ 7148.01 million.
Previous Quarter Performance
Coty Inc. recorded loss for the third quarter of $ 0.08 per share, from the revenue of $ 1,528.00 million. The consensus estimates are loss of $ 0.01 per share from $ 1528.19 million in revenue. The top line results fell short of analysts by $ 0.19 million or 0.01 percent.
Stock Performance
Shares of Coty Inc. traded low $ -0.07 or -1.79 percent on Wednesday, reaching $ 3.85 with volume of 8.71 million shares. Coty Inc. has traded high as $ 3.97 and has cracked $ 3.83 on the downward trend
The closing price of $ 3.85, representing a 29.80 % increase from the 52 week low of $ 3.02 and a 70.79 % decrease over the 52 week high of $ 13.42.
The company has a market capital of $ 2.94 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Recent Analyst recommendations
- On 13th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 5.50 target price.
Conference Call
Coty Inc. will be hosting a conference call at 8:00 AM eastern time on 27th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.coty.com
Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The company operates in three segments: Luxury, Consumer Beauty, and Professional Beauty. The Luxury segment offers prestige fragrances, and skincare and cosmetics products through various retailers, including perfumeries, department stores, and e-retailers and duty-free shops under the Alexander McQueen, Balenciaga, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Lacoste, Lancaster, Marc Jacobs, Miu Miu, philosophy, Stella McCartney, and Tiffany & Co.
