Why Is Coty (COTY) Down 8.9% Since Last Earnings Report?

It has been about a month since the last earnings report for Coty (COTY) . Shares have lost about 8.9% 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? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Coty before we dive into how investors and analysts have reacted as of late.Coty’s Q1 Earnings Miss Estimates, Revenues ...