Investing.com - Coty Inc reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coty Inc announced earnings per share of $0.110 on revenue of $1.39B. Analysts polled by Investing.com anticipated EPS of $0.109 on revenue of $1.38B.
Coty Inc shares are down 35% from the beginning of the year and are trading at $7.095 , down-from-52-week-high.
Coty Inc shares gained 1.65% in intra-day trade the report.
Coty Inc follows other major Consumer Staples sector earnings this month
Coty Inc's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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