Coty Expects Revenue From Continuing Operations For Three Months ended Jun. 30 To Be $1.2B-$1.4B vs $1.3B Est.
Portfolio Pulse from Benzinga Newsdesk
Coty Inc. anticipates its revenue from continuing operations for the three months ending June 30 to be between $1.2 billion and $1.4 billion, compared to the estimated $1.3 billion.
July 19, 2023 | 11:55 am
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NEUTRAL IMPACT
Coty's projected revenue for Q2 is in line with estimates, indicating stable performance.
Coty's projected revenue for the second quarter is within the estimated range. This suggests that the company's performance is stable and in line with market expectations, which is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100