Avon Products, Inc. (NYSE:AVP) issued its quarterly earnings results on Wednesday. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.04), Bloomberg Earnings reports. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. Avon Products had a negative net margin of 0.99% and a negative return on equity of 3.68%. The business’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.02 earnings per share.

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Several equities analysts recently commented on AVP shares. Zacks Investment Research upgraded shares of Avon Products from a “hold” rating to a “buy” rating and set a $2.50 price target on the stock in a report on Monday, October 23rd. Royal Bank Of Canada reiterated a “hold” rating and set a $3.00 price target on shares of Avon Products in a report on Friday, October 13th. Stifel Nicolaus reiterated a “hold” rating and set a $4.00 price target (down from $4.50) on shares of Avon Products in a report on Wednesday, August 9th. Deutsche Bank AG reiterated a “hold” rating and set a $3.00 price target (down from $5.00) on shares of Avon Products in a report 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 issued a hold rating and one has given a buy rating to the stock. Avon Products has a consensus rating of “Hold” and an average target price of $3.37.

About Avon Products

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).

Earnings History for Avon Products (NYSE:AVP)

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