Avon Products, Inc. (NYSE:AVP) announced its earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.04), Bloomberg Earnings reports. Avon Products had a negative return on equity of 3.68% and a negative net margin of 1.40%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the company posted $0.02 earnings per share. Avon Products’s revenue for the quarter was up .7% on a year-over-year basis.

Avon Products (NYSE:AVP) opened at $1.94 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.42 and a debt-to-equity ratio of -2.31. Avon Products has a twelve month low of $1.90 and a twelve month high of $6.24.

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A number of equities analysts have recently issued reports on AVP shares. Zacks Investment Research lowered shares of Avon Products from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 11th. Jefferies Group LLC started coverage on shares of Avon Products in a research report on Wednesday, September 13th. They set an “underperform” rating and a $2.20 target price on the stock. Royal Bank Of Canada reiterated a “hold” rating and set a $3.00 target price on shares of Avon Products in a research report on Friday, October 13th. Deutsche Bank AG reiterated a “hold” rating and set a $3.00 target price (down from $5.00) on shares of Avon Products in a research report on Friday, August 4th. Finally, ValuEngine lowered shares of Avon Products from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. Avon Products has a consensus rating of “Hold” and an average target price of $3.19.

About Avon Products

Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s segments include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific. Its product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).

Earnings History for Avon Products (NYSE:AVP)

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