Avon’s Weak 3Q Hurts Guidance
Posted on October 27, 2011 at 16:56 PM EDT
Avon Products Inc. (NYSE:AVP) recently posted third-quarter 2011 adjusted earnings of 38 cents a share, missing the Zacks Consensus Estimate of 46 cents a share and slipped 7.3% from the year-ago earnings of 41 cents a share. On a reported basis, including one-time items, earnings remained flat at 38 cents per share compared with the [...]

Avon Products Inc. (NYSE:AVP) recently posted third-quarter 2011 adjusted earnings of 38 cents a share, missing the Zacks Consensus Estimate of 46 cents a share and slipped 7.3% from the year-ago earnings of 41 cents a share.
On a reported basis, including one-time items, earnings remained flat at 38 cents per share compared with the year-ago quarter.
Total sales of the company rose 5% year over year to $2,706.7 million compared with $2,580.1 million a year ago. Total revenue also missed the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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