04:42 PM EST, 02/10/2025 (MT Newswires) -- Coty ( COTY ) reported fiscal Q2 adjusted earnings late Monday of $0.11 per diluted share, down from $0.25 a year earlier.

Analysts surveyed by FactSet expected $0.21.

Net revenue for the quarter ended Dec. 31 was $1.67 billion, down from $1.73 billion a year earlier. Analysts polled by FactSet expected $1.72 billion.

The company said it expects fiscal year 2025 adjusted earnings of $0.50 to $0.52 per share. Analysts surveyed by FactSet expect $0.52.

Shares were down more than 2% in recent after-hours activity.