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Coty (COTY) Q2 Earnings and Revenues Miss Estimates
COTYCoty(COTY) ZACKS·2025-02-10 23:16

Core Insights - Coty reported quarterly earnings of 0.11pershare,missingtheZacksConsensusEstimateof0.11 per share, missing the Zacks Consensus Estimate of 0.22 per share, and down from 0.25pershareayearago,representinganearningssurpriseof−500.25 per share a year ago, representing an earnings surprise of -50% [1] - The company posted revenues of 1.67 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.65%, and down from 1.73billionyear−over−year[2]−Cotyshareshaveunderperformedthemarket,losingabout2.91.73 billion year-over-year [2] - Coty shares have underperformed the market, losing about 2.9% since the beginning of the year compared to the S&P 500's gain of 2.5% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is 0.08 on revenues of 1.4billion,andforthecurrentfiscalyear,itis1.4 billion, and for the current fiscal year, it is 0.51 on revenues of 6.18billion[7]−TheestimaterevisionstrendforCotyismixed,resultinginaZacksRank3(Hold)forthestock,indicatingexpectedperformanceinlinewiththemarket[6]IndustryContext−TheCosmeticsindustry,towhichCotybelongs,iscurrentlyinthetop296.18 billion [7] - The estimate revisions trend for Coty is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Cosmetics industry, to which Coty belongs, is currently in the top 29% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - European Wax Center, Inc., another company in the same industry, is expected to report quarterly earnings of 0.05 per share, reflecting a year-over-year change of -50% [9]