Coty Reports Strong 2Q22 Across All Metrics, With Significant Momentum Into 3Q22
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Coty (COTY) Tops Q2 EPS by 6c, Updates FY EPS Guidance
February 8, 2022 6:32 AM ESTCoty (NYSE: COTY) reported Q2 EPS of $0.17, $0.06 better than the analyst estimate of $0.11. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.61 billion.
GUIDANCE:
Coty sees FY2022 EPS of $0.22-$0.26, versus the consensus of $0.26.
The strong sales and sell-out momentum in 1H22, extending through January with LFL sales growth of +13%,... More