Coty (NYSE:COTY) reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Coty beat estimated earnings by 25.0%, reporting an EPS of $0.25 versus an estimate of $0.2.
Revenue was up $204.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 1.21% increase in the share price the next day.
Here’s a look at Coty’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.02 | 0.03 | 0.15 |
| EPS Actual | 0.09 | 0.01 | 0.19 | 0.22 |
| Revenue Estimate | 1.58B | 1.31B | 1.22B | 1.50B |
| Revenue Actual | 1.64B | 1.35B | 1.29B | 1.52B |
To track all earnings releases for Coty visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.