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Coty shares sink after the beauty conglomerate posts surprise Q4 loss

Coty shares sank nearly 20% in premarket trading Thursday as investors digested the beauty conglomerate’s disappointing Q4 results after the bell Wednesday.

The cosmetics and fragrance company posted an adjusted loss of $0.05 per share, well below Wall Street’s forecast for a $0.01 profit, according to analysts polled by FactSet. Revenue came in at $1.25 billion, topping analyst estimates of $1.21 billion but still down 8% year over year. Growth was driven by Coty’s prestige fragrance portfolio, which includes Gucci, Swarovski, and Tiffany & Co.

Looking ahead, Coty guided for adjusted EPS of $0.33 to $0.36 in the first half of its fiscal year, with stronger gains expected in the back half. Analysts are projecting full-year adjusted earnings of about $0.50 per share.

Management flagged a cautious retail backdrop, noting that retailers are destocking and consumers are trading down toward cheaper value options.

“Consumer demand for beauty continues to be solid, particularly for fragrances across price points and formats,” the company said in a statement. “At the same time, macroeconomic and tariff uncertainty is fueling cautious retailer ordering and a more promotional competitive environment.”

Coty also said it expects about $70 million in gross tariff headwinds this year, driven by new US tariffs on European-made fragrances and Chinese-sourced components. To offset the impact, Coty plans to raise prices across select categories.

Prior to the earnings release, Coty shares were down 29% year to date.

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United Airlines rallies after Q4 earnings and Q1 profit guidance top estimates

Shares of United Airlines are rising after the bell on Tuesday, following the release of the carrier’s fourth-quarter and full-year earnings report.

United posted adjusted earnings per share of $3.10 in Q4, above the $2.92 per share expected by Wall Street analysts polled by Bloomberg. Sales of $15.4 billion were roughly in line with the consensus estimate.

The airline also:

  • Forecast full-year earnings per share between $12 and $14, bracketing Wall Street’s call for $13.04. For Q1, management sees EPS between $1.00 and $1.50, the midpoint of which is above the $1.16 expected by Wall Street.

  • Booked $13.93 billion in passenger revenue on the quarter, up nearly 5% year over year.

“Strong revenue momentum has continued into 2026,” according the company’s press release. “The week ending January 4th was the highest flown revenue week in United history, and the week ending January 11th was the highest ticketing week and the highest week for business sales in United history.”

UAL’s premium ticket revenue climbed 9% compared to a 7% increase in basic economy revenue. The “K-shaped economy” has become increasingly visible in travel trends at major US airlines. Last week, Delta’s revenue from first-class and business passengers eclipsed its main cabin revenue for the first time.

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POET Technologies nears multiyear high on strong call demand after flagship product wins award

POET Technologies is surging on heavy volumes and high call demand after announcing that it won a Product Innovation Award at China’s Infostone awards.

The honor went to the optical communications company’s flagship product, the Teralight, which uses light to move data between chips.

“Unveiled less than a year ago at the 2025 OFC Conference, POET Teralight has driven commercial interest in the Company because of its highly integrated design and complete optical system-on-chip architecture that simplifies module development,” per the press release.

This award may be the latest excuse to buy the stock, which is up over 40% year to date.

Call activity is elevated, with nearly 37,000 having changed hands as of 10:55 a.m. ET, well above the 20-day average of 28,030 for a full session. Shares are approaching their multi-year high of $9.41.

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