UPDATE 3-Coty earnings top estimates, downplays coronavirus hit; shares surge
Coty Inc reported quarterly
profit above expectations on Wednesday and said the recent
coronavirus outbreak would have a relatively small impact on its
earnings, sending the cosmetics and fragrance maker’s shares
surging as much as 22%.
profit above expectations on Wednesday and said the recent
coronavirus outbreak would have a relatively small impact on its
earnings, sending the cosmetics and fragrance maker’s shares
surging as much as 22%.
Posted by Reuters
