Coty Sees FY25 Adj. EPS $0.54 - $0.57 Vs. $0.44 Est.; Sees FY25 Free Cash Flow Growth To Low-Mid $400M Range
Portfolio Pulse from Benzinga Newsdesk
Coty has raised its FY25 adjusted EPS guidance to $0.54 - $0.57, surpassing the previous estimate of $0.44. The company also anticipates its FY25 free cash flow to grow to the low-mid $400 million range.
August 20, 2024 | 8:34 pm
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Coty has increased its FY25 adjusted EPS guidance to $0.54 - $0.57, exceeding the previous estimate of $0.44. The company also projects its FY25 free cash flow to grow to the low-mid $400 million range.
Coty's revised guidance for FY25 adjusted EPS is significantly higher than previous estimates, indicating strong expected performance. The anticipated growth in free cash flow further supports a positive outlook for the company, likely leading to a favorable short-term impact on its stock price.
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