Avon Products: Earnings Preview
Zacks.com submits:
Avon Products Inc. (AVP), the world's largest direct seller of beauty products, is scheduled to release its third-quarter 2010 results on Thursday, October 28 before the market opens. The current Zacks Consensus Estimate for the third quarter of fiscal 2010 is 47 cents a share. Second Quarter PerformanceAvon Products’ adjusted earnings came in at 48 cents per share for the second quarter of fiscal 2010, which topped both the Zacks Consensus Estimate of 45 cents and the year-ago result of 38 cents per share. Second-quarter GAAP earnings more than doubled to $167.6 million from $82.9 million in the year-ago period driven by higher sales and improved margins.Complete Story »
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