Coty Inc. Reports Fiscal 2018 Fourth Quarter and Full Year Results
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Coty (COTY) Reports In-Line Q4 EPS
August 21, 2018 6:31 AM EDTCoty (NYSE: COTY) reported Q4 EPS of $0.14, in-line with the analyst estimate of $0.14. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.32 billion.
Guidance:
Commenting on the financial results, Camillo Pane, CEO, said: Coty made good progress in fiscal year 2018 although much remains to be done. We delivered our target of modest like-for-like net revenue growth and, importantly, a very healthy improvement in adjusted operating margin in the second half of the year.
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