Revlon, Inc. (NYSE:REV) – Investment analysts at Jefferies Group issued their Q3 2017 earnings estimates for shares of Revlon in a research note issued to investors on Wednesday. Jefferies Group analyst S. Wissink anticipates that the company will earn $0.41 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $16.00 price target on the stock. Jefferies Group also issued estimates for Revlon’s Q4 2017 earnings at $0.28 EPS, FY2017 earnings at ($1.11) EPS, Q1 2018 earnings at ($0.42) EPS, Q2 2018 earnings at ($0.23) EPS, Q3 2018 earnings at $0.40 EPS, Q4 2018 earnings at $0.30 EPS, FY2018 earnings at ($0.69) EPS, Q1 2019 earnings at ($0.36) EPS, Q2 2019 earnings at ($0.09) EPS and FY2019 earnings at ($0.40) EPS.

Separately, BidaskClub downgraded Revlon from a “hold” rating to a “sell” rating in a report on Thursday, July 13th.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/09/15/equities-analysts-set-expectations-for-revlon-inc-s-q3-2017-earnings-rev.html.

Shares of Revlon (NYSE REV) opened at 15.98 on Friday. The company’s market cap is $840.52 million. Revlon has a one year low of $15.60 and a one year high of $37.96. The company has a 50 day moving average price of $17.71 and a 200 day moving average price of $22.67.

Revlon (NYSE:REV) last announced its quarterly earnings results on Friday, August 4th. The company reported ($0.46) earnings per share (EPS) for the quarter. The company had revenue of $645.70 million during the quarter. Revlon had a negative return on equity of 3.09% and a negative net margin of 4.35%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in REV. Advisor Group Inc. acquired a new stake in Revlon during the second quarter valued at approximately $114,000. The Manufacturers Life Insurance Company boosted its holdings in Revlon by 1.3% during the second quarter. The Manufacturers Life Insurance Company now owns 11,024 shares of the company’s stock valued at $261,000 after purchasing an additional 137 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Revlon by 625.7% during the second quarter. Tower Research Capital LLC TRC now owns 12,337 shares of the company’s stock valued at $292,000 after purchasing an additional 10,637 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Revlon by 2.4% during the second quarter. Goldman Sachs Group Inc. now owns 12,379 shares of the company’s stock valued at $293,000 after purchasing an additional 296 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Revlon by 2.1% during the second quarter. Rhumbline Advisers now owns 13,793 shares of the company’s stock valued at $327,000 after purchasing an additional 280 shares in the last quarter. 13.99% of the stock is currently owned by institutional investors.

In related news, Director Ronald O. Perelman acquired 419,127 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were bought at an average cost of $18.55 per share, with a total value of $7,774,805.85. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald O. Perelman acquired 120,618 shares of the firm’s stock in a transaction on Monday, June 19th. The shares were bought at an average cost of $22.91 per share, for a total transaction of $2,763,358.38. The disclosure for this purchase can be found here. Insiders have acquired 1,426,204 shares of company stock worth $28,846,238 over the last ninety days. Company insiders own 78.00% of the company’s stock.

About Revlon

Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.

Earnings History and Estimates for Revlon (NYSE:REV)

Receive News & Ratings for Revlon Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revlon Inc. and related companies with MarketBeat.com's FREE daily email newsletter.