Coty (COTY) Q3 2026 (USD): Adj. EPS -0.03 (exp. 0.00), Revenue 1.28bln (exp. 1.27bln)
Coty's Q3 earnings fell short of expectations with an adjusted EPS of -0.03, indicating weaker profitability than anticipated, despite revenue slightly beating forecasts at $1.28 billion.
Entergy (ETR) is to offer USD 2.175bln of shares, Bloomberg reports
Weekly private inventory data (bbls): Crude -8.1mln (exp. -2.8), Gasoline -6.1mln (exp. -1.7mln), Distillates -4.6mln (exp. -2mln), Cushing -1.1mln
Coty (COTY) Q3 2026 (USD): Adj. EPS -0.03 (exp. 0.00), Revenue 1.28bln (exp. 1.27bln)
Newsquawk US Market Wrap - 5th May 2026: Stocks gain, and oil slides as ceasefire remains in place
[MARKET UPDATE] US equity futures see gains after strong AMD earnings, and reports Anthropic commits to spending USD 200bln on Google's cloud and chips
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Guidance:
- Q4 adj. EPS -0.02 (exp. -0.01).
The guidance for Q4 also reflects ongoing challenges with an expected EPS of -0.02, which may raise concerns about the company's near-term outlook and its ability to drive growth. Investors could react negatively given the disappointment in both the current results and the revised expectations for coming quarters.
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