Avon Products AVP unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Avon Products' second quarter earnings report.
Earnings and Revenue:
Analysts are predicting an EPS reading of 50 cents per share and revenues of $2.89 billion. Avon Products' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a positive EPS of 48 cents per share on revenues of $2.68 billion. Can Avon Products manage the estimated 4.2% rise in EPS and 7.8% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.31 | $0.67 | $0.47 | $0.45 |
EPS Actual | $0.37 | $0.59 | $0.41 | $0.48 |
Stock Performance:
As of July 22, 2011, Avon Products' current share price was $28.69. Shares are up 0.3% year to date.
Average Stock Rating:
The average rating by analysts for Avon Products is a Hold. Over the past three months this rating's strength has declined slightly.
Competitors:
Wondering how Avon Products compares to rivals in the same sector? Here are a few of the company's peers.
- Colgate-Palmolive Company CL: Hold with a $1.16 recent quarter EPS
- Estee Lauder Companies EL: Hold with a $0.71 recent quarter EPS
- Herbalife (HLF): Strong Buy with a $0.71 recent quarter EPS
- Inter Parfums (IPAR): Hold with a $0.41 recent quarter EPS
The cosmetics company's industry has seen price/earnings growth of 0.8% during the current fiscal year.
Finally, a description of the company's main areas of operation: Avon Products is a global manufacturer and marketer of beauty, fashion and home products.
Take Action:
Now that you've gotten an advanced peak at Avon Products' upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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