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Why Is Coty (COTY) Down 8.6% Since Last Earnings Report?
COTYCoty(COTY) ZACKS·2024-09-19 16:31

It has been about a month since the last earnings report for Coty (COTY) . Shares have lost about 8.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Coty due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. COTY's Q4 Loss Wider Than Estimates, Sales Increase Y/Y Cot ...