Company Earnings UpdateAvon Products (AVP) 4Q17 Results: Flat Revenues, Big EPS Beat from Cost Cuts Coresight Research February 19, 2018 Executive Summary Avon Products reported 4Q17 adjusted EPS of $0.12, beating the $0.07 consensus estimate and compared with $0.01 in the year-ago quarter. Revenues were $1.57 billion, below consensus of $1.60 billion and flat year over year. The company realized more than $250 million of cost savings under its 2016 Transformation Plan, exceeding its cost savings target of $230 million for 2017. The company is maintaining its long-term goals of achieving mid-single-digit constant-dollar revenue growth and a low-double-digit operating margin, which will take some time. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Tech Retailing—Four Technologies That Retailers Can Use to Enchant Consumers: Insights from the Retail Track at CES 2025Head-to-Head in US Warehouse Club Retailing: Costco vs. Sam’s ClubOverall Sentiment Declines Despite Rate Cut—But Higher Earners Are More Confident: US Consumer Survey InsightsUS Consumer Sentiment Amid the Energy Shock: Premium Subscriber Call
