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Preview: Coty's Earnings

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Coty (NYSE: COTY) announces its next round of earnings this Thursday, August 27. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.

Earnings and Revenue

Based on management's projections, Coty analysts modeled for a loss of $0.12 per share on sales of $1.34 billion. In the same quarter last year, Coty reported earnings per share of $0.16 on revenue of $2.12 billion. If the company were to match the consensus estimate, earnings per share would be down 175.0%. Sales would be down 12.42% from the same quarter last year. Coty's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate -0.01 0.24 0.06 0.16
EPS Actual -0.08 0.27 0.07 0.16
Revenue Estimate 1.53 B 2.34 B 1.96 B 2.11 B
Revenue Actual 1.53 B 2.35 B 1.94 B 2.12 B

Stock Performance

Over the last 52-week period, shares are down 58.07%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Bearing these returns in mind, shareholders will probably be dissatisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Coty is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg30.jsp&referrer=https%3A%2F%2Finvestors.coty.com%2Fnews-events-and-presentations%2Fevents-and-presentations%2Fdefault.aspx&eventid=2532071&sessionid=1&key=C1A9588350875227AB3FA27B12F0B95D&regTag=&sourcepage=register

 

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