The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Avon Products's revenues will shrink -1.6% and EPS will contract -30.8%.
The average estimate for revenue is $3.00 billion. On the bottom line, the average EPS estimate is $0.27.
Last quarter, Avon Products booked revenue of $2.55 billion. GAAP reported sales were 7.7% lower than the prior-year quarter's $2.76 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.17. GAAP EPS of $0.07 for Q3 were 82% lower than the prior-year quarter's $0.38 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 61.2%, 280 basis points worse than the prior-year quarter. Operating margin was 5.9%, 440 basis points worse than the prior-year quarter. Net margin was 1.2%, 470 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $10.72 billion. The average EPS estimate is $0.76.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 371 members out of 425 rating the stock outperform, and 54 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give Avon Products a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Avon Products is hold, with an average price target of $17.92.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere