Revlon (NYSE:REV) issued its earnings results on Friday. The company reported ($0.71) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.83) by $0.12, Briefing.com reports. The business had revenue of $596.80 million for the quarter, compared to analysts’ expectations of $641.90 million. During the same period last year, the business earned $0.14 EPS. The company’s revenue for the quarter was down 8.9% on a year-over-year basis.
REV traded down $3.63 on Friday, reaching $20.76. The stock had a trading volume of 143,731 shares, compared to its average volume of 129,543. Revlon has a 12-month low of $13.58 and a 12-month high of $29.62. The business’s 50-day moving average price is $24.72 and its two-hundred day moving average price is $21.25. The company has a market cap of $1.28 billion, a P/E ratio of -5.63 and a beta of 0.32.
Separately, ValuEngine raised shares of Revlon from a “hold” rating to a “buy” rating in a report on Friday.
Revlon, Inc, through its subsidiaries, develops, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Relvon segment offers color cosmetics and beauty tools under the Revlon brand; and hair color under the Revlon ColorSilk and Revlon Professional brands.
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