Avon Products (AVP) reported earnings on Thur 16 Feb 2017 (b/o)

** charts after earnings **

 

 Avon Products misses by $0.09, misses on revs :

• Reports Q4 (Dec) earnings of $0.01 per share, $0.09 worse than the Capital IQ Consensus of $0.10; revenues fell 2.4% year/year to $1.57 bln vs the $1.62 bln Capital IQ Consensus.
• Active Representatives from Reportable Segments declined 2%. 
• Bad Debt Expense increased 210 bps, primarily in Brazil. 
• Operating Margin increased 290 bps to 6.8%; Adjusted Operating Margin increased 130 bps to 7.3%.