Earnings Preview: Coty
Portfolio Pulse from Benzinga Insights
Coty (NYSE:COTY) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $0.02. Last quarter, the company beat EPS by $0.16, followed by a 0.51% drop in the share price. Shares of Coty were trading at $11.28 as of August 18, with a 53.38% increase over the last 52-week period.
August 21, 2023 | 2:01 pm
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NEUTRAL IMPACT
Coty's upcoming earnings report could impact its stock price. Last quarter's EPS beat was followed by a slight drop in share price. The stock has seen a 53.38% increase over the last 52 weeks.
Coty's earnings report is a key event that could influence its stock price. Despite beating EPS estimates last quarter, the share price dropped slightly, indicating that other factors, such as guidance, may have a significant impact. The stock's strong performance over the past year suggests investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100