Coty COTY will be releasing its next round of earnings this Thursday, August 26. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Based on management's projections, Coty analysts modeled for a loss of $-0.05 per share on sales of $1.02 billion. Coty EPS in the same period a year ago totaled $0.46. Sales were $560.40 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The Wall Street consensus estimate for earnings would represent a 89.13% increase for the company. Sales would be up 82.43% on a year-over-year basis. Coty's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0.07 | -0.05 | -0.11 |
| EPS Actual | 0 | 0.12 | -0.02 | -0.46 |
| Revenue Estimate | 1.03 B | 1.43 B | 1.08 B | 1.34 B |
| Revenue Actual | 1.03 B | 1.42 B | 1.12 B | 560.40 M |
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Stock Performance
Shares of Coty were trading at $8.17 as of August 24. Over the last 52-week period, shares are up 133.05%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not 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.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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