Coty Inc. Reports First Quarter Fiscal 2019 Results

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Coty Inc. (COTY) PT Lowered to $18 at RBC Capital

November 8, 2018 7:04 AM EST

RBC Capital analyst Nik Modi lowered the price target on Coty Inc. (NYSE: COTY) to $18.00 (from $23.00) while maintaining a Outperform rating.

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Coty (COTY) Tops Q1 EPS by 3c

November 7, 2018 6:35 AM EST

Coty (NYSE: COTY) reported Q1 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.17 billion.

Outlook

As we look to the remainder of the year:

2Q19: We expect underlying YoY net revenue trends in 2Q19 to improve versus 1Q19 across all three divisions, inclusive of expected supply chain... More