Coty: Q1 Earnings Insights

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Coty COTY reported its Q1 earnings results on Tuesday, November 7, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Coty missed estimated earnings by 47.06%, reporting an EPS of $0.09 versus an estimate of $0.17.

Revenue was up $251.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 4.94% increase in the share price the next day.

Here's a look at Coty's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.02 0.03 0.15 0.12
EPS Actual 0.01 0.19 0.22 0.11
Revenue Estimate 1.31B 1.22B 1.50B 1.37B
Revenue Actual 1.35B 1.29B 1.52B 1.39B

To track all earnings releases for Coty visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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