Coty (COTY) reported $1.67 billion in income for the quarter ended September 2024, representing a year-over-year improve of 1.8%. EPS of $0.15 for a similar interval compares to $0.09 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $1.68 billion, representing a shock of -0.33%. The corporate delivered an EPS shock of -21.05%, with the consensus EPS estimate being $0.19.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s value efficiency extra precisely.
Right here is how Coty carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Geographic Revenues- Americas: $693.50 million in comparison with the $733.14 million common estimate primarily based on two analysts. The reported quantity represents a change of -2.1% 12 months over 12 months.
- Geographic Revenues- Asia Pacific: $190.20 million versus the two-analyst common estimate of $201.20 million. The reported quantity represents a year-over-year change of -5.5%.
- Geographic Revenues- EMEA: $787.80 million versus $748.68 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +7.6% change.
- Internet Revenues- Status: $1.11 billion in comparison with the $1.10 billion common estimate primarily based on seven analysts. The reported quantity represents a change of +4.6% 12 months over 12 months.
- Internet Revenues- Shopper Magnificence: $557.40 million versus the seven-analyst common estimate of $585.08 million. The reported quantity represents a year-over-year change of -3.4%.
- Adjusted Working Earnings (Loss)- Shopper Magnificence: $23.90 million in comparison with the $42.87 million common estimate primarily based on 4 analysts.
- Adjusted Working Earnings (Loss)- Status: $279.70 million versus $269.24 million estimated by 4 analysts on common.
- Working Earnings (Loss)- Company: -$17.70 million versus the two-analyst common estimate of -$78.37 million.
View all Key Company Metrics for Coty here>>>
Shares of Coty have returned -17.3% over the previous month versus the Zacks S&P 500 composite’s +0.7% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
Zacks Names #1 Semiconductor Inventory
It is only one/9,000th the dimensions of NVIDIA which skyrocketed greater than +800% since we advisable it. NVIDIA continues to be robust, however our new prime chip inventory has way more room to growth.
With robust earnings progress and an increasing buyer base, it is positioned to feed the rampant demand for Synthetic Intelligence, Machine Studying, and Web of Issues. World semiconductor manufacturing is projected to blow up from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
Coty (COTY) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
