Coty Q4 2024 Adj EPS $(0.03) Misses $0.04 Estimate, Sales $1.36B Miss $1.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coty reported a Q4 2024 adjusted EPS of $(0.03), missing the $0.04 estimate, and sales of $1.36B, missing the $1.38B estimate. Sales increased by 0.81% from the previous year.

August 20, 2024 | 8:32 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Coty's Q4 2024 earnings report showed a significant miss on EPS and a slight miss on sales estimates, which could negatively impact the stock price in the short term.
Coty's reported EPS was significantly below analyst expectations, missing by 175%, which is likely to concern investors and lead to a negative short-term impact on the stock price. The sales miss, although smaller, adds to the negative sentiment. The slight year-over-year sales increase is unlikely to offset the negative impact of missing estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100