Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Avi Kapoor

Coty Likely To Report Q4 Profit; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Stuttgart,,Germany,-,10-03-2022:,Mobile,Phone,With,Logo,Of,American

Coty Inc. (NYSE:COTY) will release financial results for the fourth quarter after the closing bell on Wednesday, Aug. 20.

Analysts expect the New York-based company to report quarterly earnings at 2 cents per share, versus a year-ago loss of 3 cents per share. Coty projects to report quarterly revenue at $1.21 billion, compared to $1.36 billion a year earlier, according to data from Benzinga Pro.

On May 6, Coty reported worse-than-expected third-quarter financial results and cut its FY25 adjusted EPS guidance.

Coty shares fell 1.8% to close at $4.89 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • JP Morgan analyst Andrea Teixeira maintained a Neutral rating and cut the price target from $6 to $5 on May 8, 2025. This analyst has an accuracy rate of 61%.
  • Goldman Sachs analyst Patty Kanada maintained a Neutral rating and slashed the price target from $8 to $6 on May 8, 2025. This analyst has an accuracy rate of 67%.
  • Canaccord Genuity analyst Susan Anderson downgraded the stock from Buy to Hold and cut the price target from $8 to $5 on May 8, 2025. This analyst has an accuracy rate of 66%.
  • Wells Fargo analyst Chris Carey maintained an Equal-Weight rating and cut the price target from $6 to $5 on April 16, 2025. This analyst has an accuracy rate of 60%.
  • B of A Securities analyst Olivia Tong downgraded the stock from Buy to Underperform and slashed the price target from $9 to $4.5 on April 15, 2025. This analyst has an accuracy rate of 67%.

Considering buying COTY stock? Here’s what analysts think:

Read This Next:

Photo via Shutterstock

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.