NEW YORK CITY (dpa-AFX) - Beauty products maker Avon Products, Inc. (AVP) Thursday reported third-quarter net income attributable to the company of $91.4 million or $0.21 per share, compared with a net loss of $5.5 million, or $0.01 per share in the prior year.
Adjusted earnings were $0.23 per share, compared with adjusted earnings of $0.14 per share a year earlier.
On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.17 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues decreased 8% to $2.14 billion from $2.32 billion last year. Revenues edged up 1% in constant dollars. Analysts estimated revenues of $2.16 billion for the quarter.
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