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Wednesday, November 6, 2019

-=Coty (COTY) reported earnings on Wed 6 Nov 19 (b/o)



Coty beats by $0.01, misses on revs; reaffirms FY20 EPS guidance
  • Reports Q1 (Sep) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.06; revenues fell 4.4% year/year to $1.94 bln vs the $1.97 bln S&P Capital IQ Consensus.
  • Co reaffirms guidance for FY20, sees EPS of mid single digits (cons +4.6%) vs. $0.68 S&P Capital IQ Consensus; reaffirms net revenues "stable to slightly lower LFL."

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