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: Weekly US and UK Store Openings and Closures Tracker 2024, Week 1: Rothy’s Plans To Open 10 US StoresRetail Innovation: State of In-Store Retailing and Opportunity To Redefine OperationsEarnings Insights 1Q23, Week 6: Five Below, Lululemon and PVH Post Strong Results; Capri Holdings, Macy’s and Nordstrom See Sales DeclineDecember 2023 US Housing Market Indicators: Positive Shifts To Start the New Year