Company Earnings Update 3 minutesRegister for Free AccessAvon 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? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 2Q23, Week 1: Albertsons, Crocs, L’Oréal, Walgreens and More Post Positive Performance; Levi’s Sees Sales DeclineAnalyst Corner—Explore Generative AI with John Harmon: Enormous Power and Potential, but Caution AdvisedWeinswig’s Weekly: What’s Happening with US Retail Inventories?The Evolution of Checkout: Trends and Innovations for a Seamless Shopping Experience