20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Tuesday, Coty (NYSE:COTY) will release its latest earnings report. Benzinga's outlook for Coty is included in the following report.
Earnings and Revenue
Wall Street analysts see Coty reporting earnings of 14 cents per share on sales of $2.32 billion.
In the same quarter last year, Coty posted breakeven EPS on sales of $2.24 billion. Sales would be up 3.53 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.13 | 0.23 | 0.07 | 0.09 |
| EPS Actual | 0.13 | 0.32 | 0.1 | 0 |
Stock Performance
Over the last 52-week period, shares are down 37.87 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Coty stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Coty's Q4 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://www.coty.com/
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!