Coty Inc. (NYSE:COTY) shares fell after the company missed EPS estimates with its fourth-quarter results released after Wednesday’s closing bell.
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Coty Q4 Details
Coty reported quarterly losses of two cents per share, which missed the consensus estimate for a loss of one cent, according to Benzinga Pro data.
Quarterly revenue of $1.27 billion beat the Street estimate of $1.19 billion by 6.25%.
“We closed FY26 on a stronger note, delivering sales and profit ahead of our targets, growing free cash flow even in the face of business headwinds, all while establishing a clear strategic framework and taking decisive action to steadily strengthen our core business in FY27 and beyond,” said Markus Strobel, Interim CEO.
Looking Ahead: Coty expects first-quarter adjusted EPS of 11 cents to 13 cents, versus the 14 cent analyst estimate
Technical Analysis
Coty stock is currently showing a bullish setup, trading well above its short-term moving averages. The 20-day SMA is 9.4% above the price, while the 50-day SMA is 25.4% above, indicating strong upward momentum in the near term.
The RSI is at 63.28, which is considered neutral but suggests that momentum is building without being overbought. This positioning indicates that Coty could still have room to run before facing significant selling pressure.
MACD is currently below its signal line, indicating bearish pressure that could temper the recent gains. Traders should be cautious as this suggests that despite the current bullish price action, momentum may not be as strong as it appears.
Over the past 12 months, Coty has declined by 38.41%, reflecting a challenging longer-term trend. This significant drop highlights the need for traders to consider both the current momentum and the broader context of the stock’s performance.
COTY Stock Price Activity: According to data from Benzinga Pro, Coty stock was down 6.93% to $2.82 in Wednesday’s extended trading.
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