Coty Inc. (COTY) PT Lowered to $16.50 at DA Davidson
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Coty (COTY) Misses Q3 EPS by 1c, Provides outlook
May 6, 2024 4:34 PM EDTCoty (NYSE: COTY) reported Q3 EPS of $0.05, $0.01 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.37 billion.
Outlook
The global beauty market remains strong with demand for prestige fragrances continuing to grow at a double-digit percentage pace and above historical levels, while the mass beauty market is performing consistent with historical levels, growing at a mid-single-digit percentage. Coty continues to benefit from... More
Coty posts Q3 revenue beat, aims for upper end of 2024 targets on strong demand
May 6, 2024 4:32 PM EDTBy Ananya Mariam Rajesh
(Reuters) -Beauty company Coty beat Wall Street expectations for third-quarter revenue on Monday and said it expects to achieve the high end of its annual targets, riding on steady global demand for its luxury and mass-market products.
Shares of the company were up about 3% in aftermarket trading.
The CoverGirl parent has been investing heavily in new product launches and collaborations with influencers and e-retail partners to drive demand at a time when... More
Coty (COTY) May weekly option implied volatility into quarter results
May 3, 2024 10:47 AM EDTCoty (NYSE: COTY) May weekly call option implied volatility is at 88, May is at 62; compared to its 52-week range of 24 to 55 into the expected release of quarter results after the bell on May 6.
... MoreCoty (COTY) May weekly option implied volatility into quarter results
May 3, 2024 10:47 AM EDTCoty (NYSE: COTY) May weekly call option implied volatility is at 88, May is at 62; compared to its 52-week range of 24 to 55 into the expected release of quarter results after the bell on May 6.
... MoreCoty (COTY) call put ratio 2.8 calls to 1 put into quarter results
May 3, 2024 4:33 AM EDTCoty (NYSE: COTY) May weekly 11.50 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 6.
... More