Coty (COTY) Declares $0.125 Quarterly Dividend; 3.4% Yield
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Coty Inc. (COTY) PT Lowered to $22 at BMO Capital on 1Q18 Report; 'Higher Confidence in Turnaround Story'
November 10, 2017 9:36 AM ESTBMO Capital lowered its price target on Coty Inc. (NYSE: COTY) to $22.00 (from $24.00) while maintaining a Outperform rating, following the company's 2018 first quarter earnings report.
Analyst Shannon Coyne notes a cautious outlook, as the company reports 2018 first quarter earnings per share result above consensus... More
Coty (COTY) Tops Q1 EPS by 3c
November 9, 2017 6:31 AM ESTCoty (NYSE: COTY) reported Q1 EPS of $0.10, $0.03 better than the analyst estimate of $0.07. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.24 billion.
Commenting on Coty's performance, Camillo Pane, Coty CEO said:
Q1 was a much better quarter. We saw strong growth in Luxury, continued positive momentum in Professional and a reduced net revenue decline in the Consumer Beauty division. While results are likely to be a bit uneven from... More
