Coty Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Fall After Hours
MT Newswires Live
Feb 06
Coty (COTY) reported fiscal Q2 adjusted earnings late Thursday of $0.14 per diluted share, up from $0.11 a year earlier.
Analysts polled by FactSet expected $0.18.
Net revenue for the quarter ended Dec. 31 was $1.68 billion, up from $1.67 billion a year earlier.
Analysts polled by FactSet expected $1.66 billion.
Coty said it is withdrawing its prior fiscal 2026 forecast for earnings before interest, taxes, depreciation, and amortization and free cash flow.
Shares of the company fell 18% during after hours trading.
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