Workflow
What Analyst Projections for Key Metrics Reveal About Coty (COTY) Q4 Earnings
CotyCoty(US:COTY) ZACKSยท2024-08-15 14:16

Core Insights - Analysts expect Coty (COTY) to report quarterly earnings of $0.04 per share, reflecting a year-over-year increase of 300% [1] - Projected revenues for Coty are anticipated to be $1.38 billion, which represents a 1.8% increase from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [1][2] - Revisions to earnings projections are crucial for predicting investor behavior and short-term stock performance [2] Revenue Estimates - Analysts project 'Net Revenues- Prestige' to reach $809.77 million, indicating a 1.3% increase year-over-year [4] - 'Net Revenues- Consumer Beauty' is expected to be $566.50 million, reflecting a 2.6% increase from the prior year [4] - 'Geographic Revenues- Americas' are estimated at $580.62 million, suggesting a 2.2% year-over-year change [4] - 'Geographic Revenues- Asia Pacific' is forecasted to be $192.73 million, with a year-over-year change of 1.7% [5] - 'Geographic Revenues- EMEA' is expected to reach $597.78 million, indicating a 0.6% increase from the previous year [5] Operating Income Estimates - The consensus for 'Adjusted Operating Income (Loss)- Consumer Beauty' stands at $25.73 million, compared to $20 million from the previous year [5] - 'Adjusted Operating Income (Loss)- Prestige' is projected to be $78.33 million, down from $85.10 million year-over-year [6] Stock Performance - Coty shares have decreased by 10.1% over the past month, contrasting with the Zacks S&P 500 composite's decline of 2.9% [6] - Coty holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [6]