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Avi Kapoor

Coty Analysts Slash Their Forecasts After Q4 Results

Coty Coty,Logo,,Signage,On,The,Facade,Of,Coty,Eastern,Europe

Coty Inc. (NYSE:COTY) posted mixed fourth-quarter fiscal results after the closing bell on Wednesday.

The global beauty company reported fourth quarter revenue of $1.25 billion, surpassing Wall Street estimates of $1.20 billion. Coty posted an adjusted loss of 5 cents per share for the quarter, missing analyst expectations for positive earnings of 2 cents per share.

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‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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One subscription that gives you access to news from hundreds of sites

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