Edition:
India

Avon Q3 EPS $0.01 from continuing operations


Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Avon Products Inc ::Avon reports third-quarter 2017 results.Q3 adjusted earnings per share $0.03 from continuing operations.Q3 earnings per share $0.01 from continuing operations.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q3 revenue $1.4 billion.Q3 revenue view $1.41 billion -- Thomson Reuters I/B/E/S.Avon Products Inc qtrly ‍south latin america revenue was down 1 pct, or relatively unchanged in constant dollars​.Avon Products Inc qtrly ‍north latin america revenue was up 5 pct, or 2 pct in constant dollars​.Avon Products Inc - ‍expects to meet its 2017 cost savings target and deliver positive free cash flow for year​.Avon Products Inc - ‍"with mixed results in q3 and some positive trends, we expect to see modest improvement continue in q4"​.Avon Products-is within about $25 million of annual savings target,is over half way to total cost savings targeted for 3 year transformation plan of $350 million​.Avon Products Inc - ‍expect annual results to come in below 2017 guidance​.Avon Products -‍expects improvement in q4, with flat to slightly positive performance compared to last year in constant-dollar revenue, adjusted operating margin​.Avon Products - ‍ during Q3 of 2017, co recorded costs to implement restructuring within operating profit of approximately $6 million before and after tax​. 

Company Quote

2.64
-0.04 -1.49%
18 Apr 2019