A Preview Of Coty's Earnings

Coty (NYSE:COTY) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Coty to report an earnings per share (EPS) of $0.19.

The announcement from Coty is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

The company's EPS missed by $0.07 in the last quarter, leading to a 6.3% increase in the share price on the following day.

Here's a look at Coty's past performance and the resulting price change:

Quarter

Q4 2024

Q3 2024

Q2 2024

Q1 2024

EPS Estimate

0.04

0.06

0.20

0.17

EPS Actual

-0.03

0.05

0.25

0.09

Price Change %

6.0%

-3.0%

-2.0%

1.0%

Tracking Coty's Stock Performance

Shares of Coty were trading at $7.47 as of November 04. Over the last 52-week period, shares are down 25.42%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Analysts' Take on Coty

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Coty.

Analysts have given Coty a total of 17 ratings, with the consensus rating being Buy. The average one-year price target is $12.03, indicating a potential 61.04% upside.

Comparing Ratings with Peers

The analysis below examines the analyst ratings and average 1-year price targets of e.l.f. ...