Avon Products reported earnings (adjusted for non-recurring items) of $0.07 per share for the fourth quarter 2018, falling short of Zacks Consensus Estimate of $0.08 per share. It was also lower than the yer-ago quarter’s $0.12 per share.
The cosmetics company's sales of $1.32 billion for the quarter missed the Zacks Consensus Estimate by 8.30%. Revenues were also lower than the year-ago period’s $1.57 billion.
According to Zacks Investment Research, the current consensus earnings-per-share estimate for Avon is breakeven on $1.24 billion in revenues for the next quarter, while the consensus projection for the current fiscal year is earnings of $0.12 a share on $5.23 billion in revenues.