Coty, Inc. (COTY) Tops Q3 EPS by 13c

Coty, Inc. (NYSE: COTY) reported Q3 EPS of $0.22, $0.13 better than the analyst estimate of $0.09. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1 billion.

Outlook for Fiscal 2014 Fourth Quarter and Fiscal 2015

While market conditions remain challenging, particularly in the mass channel in North America, Coty is targeting to keep growth momentum for the remainder of the calendar year. While the Company expects the fiscal 2014 fourth quarter to be overall flat due to comparison with a strong quarter in the prior-year period, Coty is targeting growth acceleration in the first half of fiscal year 2015 supported by a powerful innovation plan on its Power brands and further development in the emerging markets.

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

You May Also Be Interested In

• Apogee Enterprises (APOG) Tops Q1 EPS by 16c, Beats on Revenue; Offers FY27 Guidance
• Gossamer Bio Inc. (GOSS) PT Lowered to $2 at H.C. Wainwright
• KeyBanc lowers Nike rating to Sector Weight on near-term uncertainty