Coty Inc - Ordinary Shares - Class A

NYSE:COTY   2:14:13 PM EDT
6.62
+0.34 (+5.50%)
Positive Earnings Pre-Announcement

Coty Inc Says Qtrly Earnings Per Share $0.06

Published: 05/09/2022 13:44 GMT
Coty Inc - Ordinary Shares - Class A (COTY) - Coty Inc - Qtrly Earnings per Share $0.06; Qtrly Adjusted Earnings per Share $0.03.
Coty Inc - Qtrly Prestige Segment Net Revenues $726.4 Million Versus $601.3 Million.
Coty Inc - Qtrly Consumer Beauty Segment Net Revenues $459.8 Million Versus $426.5 Million.
Coty Inc - Qtrly Net Revenues $1.19 Billion, Up 15% on Reported Basis, Up 19% on Lfl Basis.
Coty Inc - Strong Sales Momentum in Both Divisions, Fueled by U.S., Europe, and Travel Retail in Quarter.
Coty Inc - Reaffirmed FY22 Revenue Guidance; Raises FY22 Adjusted EPS Outlook to $0.23-0.27.
Coty Inc - Geographically, Revenue Growth in Quarter Was Fueled by Continued Recovery in Many Emea Markets.
Coty Inc -e-commerce Maintained Momentum, With Double Digits E-commerce Sales Growth in Q3.
Coty Inc - Co is Facing Challenges Such As Lockdowns in China, the War in Ukraine, Inflationary Headwinds, and Supply Pressures.
Revenue is expected to be $1.15 Billion
Adjusted EPS is expected to be -$0.01

Next Quarter Revenue Guidance is expected to be $1.41 Billion
Next Quarter EPS Guidance is expected to be $0.11

More details on our Analysts Page.