Recap: Coty Q2 Earnings

Coty (NYSE:COTY) reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:30 PM. Here’s what investors…

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.

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