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Ahead of Coty (COTY) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Coty (COTY - Free Report) will report quarterly loss of -$0.01 per share in its upcoming release, pointing to a year-over-year increase of 80%. It is anticipated that revenues will amount to $1.19 billion, exhibiting a decrease of 4.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Coty metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Revenues- Prestige' stands at $733.89 million. The estimate indicates a year-over-year change of -3.5%.
Analysts expect 'Net Revenues- Consumer Beauty' to come in at $459.70 million. The estimate indicates a change of -6.5% from the prior-year quarter.
The average prediction of analysts places 'Geographic Revenues- Americas' at $534.66 million. The estimate indicates a year-over-year change of +4.6%.
According to the collective judgment of analysts, 'Geographic Revenues- Asia Pacific' should come in at $171.51 million. The estimate indicates a year-over-year change of +2.7%.
The consensus among analysts is that 'Geographic Revenues- EMEA' will reach $542.89 million. The estimate indicates a year-over-year change of -5.5%.
Analysts' assessment points toward 'Adjusted Operating Income- Prestige' reaching $58.31 million. The estimate is in contrast to the year-ago figure of $74.70 million.
Coty shares have witnessed a change of +10.4% in the past month, in contrast to the Zacks S&P 500 composite's +3.8% move. With a Zacks Rank #3 (Hold), COTY is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Ahead of Coty (COTY) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Coty (COTY - Free Report) will report quarterly loss of -$0.01 per share in its upcoming release, pointing to a year-over-year increase of 80%. It is anticipated that revenues will amount to $1.19 billion, exhibiting a decrease of 4.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Coty metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Revenues- Prestige' stands at $733.89 million. The estimate indicates a year-over-year change of -3.5%.
Analysts expect 'Net Revenues- Consumer Beauty' to come in at $459.70 million. The estimate indicates a change of -6.5% from the prior-year quarter.
The average prediction of analysts places 'Geographic Revenues- Americas' at $534.66 million. The estimate indicates a year-over-year change of +4.6%.
According to the collective judgment of analysts, 'Geographic Revenues- Asia Pacific' should come in at $171.51 million. The estimate indicates a year-over-year change of +2.7%.
The consensus among analysts is that 'Geographic Revenues- EMEA' will reach $542.89 million. The estimate indicates a year-over-year change of -5.5%.
Analysts' assessment points toward 'Adjusted Operating Income- Prestige' reaching $58.31 million. The estimate is in contrast to the year-ago figure of $74.70 million.
View all Key Company Metrics for Coty here>>>Coty shares have witnessed a change of +10.4% in the past month, in contrast to the Zacks S&P 500 composite's +3.8% move. With a Zacks Rank #3 (Hold), COTY is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .