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Coty Swings to Fiscal Q4 Adjusted Loss, Revenue Increases
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Coty Swings to Fiscal Q4 Adjusted Loss, Revenue Increases
Aug 20, 2024 2:40 PM

05:04 PM EDT, 08/20/2024 (MT Newswires) -- Coty ( COTY ) reported a fiscal Q4 adjusted loss Tuesday of $0.03 per diluted share, compared with earnings of $0.01 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.04 per share.

Net revenue for the quarter ended June 30 was $1.36 billion, up from $1.35 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.38 billion.

The company said it expects fiscal 2025 adjusted EPS, excluding equity swap, between $0.54 and $0.57.

Analysts polled by Capital IQ expect a normalized EPS of $0.57.

Price: 9.60, Change: +0.07, Percent Change: +0.73

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