Coty (NYSE: COTY) reported Q4 EPS of $0.00, $0.09 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.16 billion.

• Net revenues of $2,241.3 million increased >100% as reported compared to Legacy-Coty net revenues in the prior-year period, and increased 5% for the combined company at constant currency compared to the prior year
• Excluding the positive contribution from the acquisitions of ghd and Younique, combined company organic net revenues declined 3% on a constant currency basis, which includes a 1% net benefit as a result of pre-shipments to customers in advance of the termination of the Transition Services Agreement ("TSA") for Europe which occurred on July 1
• Reported operating loss of $(279.0) million increased from $(2.9) million for Legacy-Coty in the prior-year period driven primarily by a net increase of $190.2 million in restructuring and acquisition related costs, and a $35.6 million net increase in amortization expense primarily due to acquisitions
• Adjusted operating income of $90.1 million decreased from $94.2 million for Legacy-Coty in the prior-year period
• Reported net loss of $(304.8) million increased from $(31.0) million for Legacy-Coty in the prior-year period, while adjusted net loss of $(3.4) million declined from income of $45.7 million for Legacy-Coty
• Reported earnings per diluted share of $(0.41) declined from $(0.09) for Legacy-Coty in the prior-year period, while adjusted earnings per diluted share of $0.00 decreased from $0.13 for Legacy-Coty
• Net cash provided by operating activities was $50.8 million compared to $56.1 million for Legacy-Coty in the prior-year period

For earnings history and earnings-related data on Coty (COTY) click here.