Avon Products, Inc. (AVP) Scheduled to Post Earnings on Wednesday
Avon Products, Inc. (NYSE:AVP) is scheduled to release its earnings data before the market opens on Wednesday, November 1st. Analysts expect Avon Products to post earnings of $0.07 per share for the quarter.
Avon Products (NYSE:AVP) last released its earnings results on Thursday, August 3rd. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.10). Avon Products had a negative net margin of 0.99% and a negative return on equity of 3.68%. The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the business posted $0.07 EPS. Avon Products’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, analysts expect Avon Products to post $0.09 EPS for the current fiscal year and $0.27 EPS for the next fiscal year.
Avon Products, Inc. (NYSE AVP) opened at 2.26 on Wednesday. The company’s 50 day moving average is $2.40 and its 200 day moving average is $3.26. Avon Products, Inc. has a 12-month low of $2.17 and a 12-month high of $6.92. The company’s market cap is $994.28 million.
A number of equities research analysts recently issued reports on AVP shares. Zacks Investment Research raised shares of Avon Products from a “hold” rating to a “buy” rating and set a $2.50 price target on the stock in a research note on Monday. Royal Bank Of Canada reaffirmed a “hold” rating and set a $3.00 price target on shares of Avon Products in a research note on Friday, October 13th. Stifel Nicolaus reissued a “hold” rating and issued a $4.00 target price (down previously from $4.50) on shares of Avon Products in a research note on Wednesday, August 9th. Deutsche Bank AG reissued a “hold” rating and issued a $3.00 target price (down previously from $5.00) on shares of Avon Products in a research note on Friday, August 4th. Finally, DA Davidson began coverage on shares of Avon Products in a research note on Thursday, July 6th. They issued a “neutral” rating and a $4.25 target price on the stock. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Avon Products presently has an average rating of “Hold” and an average price target of $3.37.
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Avon Products Company Profile
Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s segments include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific. Its product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).
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