Coty (COTY) Lags Q3 Earnings and Revenue Estimates

Core Viewpoint - Coty reported quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.05 per share, representing an earnings surprise of -80% [1]. Financial Performance - The company posted revenues of $1.3 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.43%, and down from $1.39 billion a year ago [2]. - Over the last four quarters, Coty has not surpassed consensus EPS estimates and has consistently missed revenue estimates [2]. Stock Performance - Coty shares have declined approximately 25.9% since the beginning of the year, compared to a -3.9% decline in the S&P 500 [3]. - The current Zacks Rank for Coty is 4 (Sell), indicating expected underperformance in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $1.3 billion, and for the current fiscal year, it is $0.36 on revenues of $5.95 billion [7]. - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6]. Industry Context - The Cosmetics industry, to which Coty belongs, is currently ranked in the bottom 5% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8].