Coty (COTY) Reports Q2 Loss of 14c vs. 18c Estimate, Revenue Tops Forecast at $1.68B

Coty Inc. (COTY) reported a fiscal second-quarter loss of $123.6 million, or 14 cents per share, on Thursday. The adjusted loss per share of 14 cents missed the average estimate of 18 cents among seven analysts surveyed by Zacks Investment Research. Revenue for the period totaled $1.68 billion, exceeding the $1.66 billion forecast of five analysts.