Coty Inc. Reports Fiscal Second Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall St set for lower open as bond yields climb; Walmart falls
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
Coty (COTY) Tops Q2 EPS by 3c; Reiterates FY20 Outlook
February 5, 2020 6:32 AM ESTCoty (NYSE: COTY) reported Q2 EPS of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.35 billion versus the consensus estimate of $2.34 billion.
Highlights
2Q20 net revenue decreased 6.6%, with 1.4% organic LFL declineLFL growth in Luxury and Professional Beauty was offset by a decline in Consumer Beauty2Q20 adjusted operating income of $325.0 million grew 1% YoYIn 1H20, adjusted operating income grew 8.5% on a constant currency and scope basisAdjusted EPS of $0.27, rose 13% YoY, including a one-time tax benefit of $0.015 per share2Q20 free... More