Core Insights - Coty Inc. is expected to report a decline in revenue for the fourth quarter of fiscal 2025, with the Zacks Consensus Estimate at $1.2 billion, reflecting a 12% decrease from the previous year [1] - The earnings consensus has remained stable at two cents per share, indicating a recovery from a loss of three cents in the same quarter last year [2] - Coty's strategic initiatives, including expanding its prestige fragrance portfolio and enhancing digital capabilities, are anticipated to support performance despite challenges [3][4] Revenue and Earnings Performance - The fragrance segment continues to be a key revenue driver for Coty, with management focused on optimizing the cost structure [4] - However, the company faces significant challenges in markets such as China, Travel Retail Asia, and U.S. Consumer Beauty, with expected organic LFL revenue decline of 9.3% for the fourth quarter [5] - Higher advertising and promotional spending, along with currency headwinds, are likely to negatively impact the upcoming quarter's results [5][10] Earnings Predictions - The current model does not predict an earnings beat for Coty, with an Earnings ESP of 0.00% and a Zacks Rank of 3 [6] - Comparatively, other companies like Estée Lauder are also expected to see declines in both revenue and earnings, with a consensus revenue estimate of $3.4 billion, down 12.2% year-over-year [8]

Key Points - The net asset value (NAV) per unit of the Baltic Horizon Fund increased to EUR 0.6766 at the end of June 2025, up from EUR 0.6757 as of May 31, 2025, with a total net asset value of EUR 97.1 million [1] - The EPRA NRV as of June 30, 2025, was EUR 0.7223 per unit [1] - The consolidated net rental income for June 2025 remained stable at EUR 1.0 million, consistent with May 2025 [2] - A significant area of 3,679.7 sq.m. in the S27 building was handed over to the International School of Riga on June 5, 2025, which is set to open in September [2] - The Fund's consolidated cash and cash equivalents at the end of June 2025 were EUR 7.1 million, slightly down from EUR 7.2 million at the end of May 2025 [3] - Total consolidated assets of the Fund increased to EUR 238.8 million as of June 30, 2025, compared to EUR 238.6 million at the end of May 2025 [3] - The Fund management decided not to undertake interim property valuations, assuming that mid-year fair values would not differ materially from 2024 year-end valuations [4]