Avon Products Inc. (AVP) reported fourth quarter adjusted earnings from continuing operations of $0.37 per share Tuesday morning, compared to $0.39 per share last year. The consensus estimate was for EPS of $0.27.
Avon Products gapped up sharply Tuesday and climbed throughout the first half of the morning. The stock finished up by 3.51 at $20.79, with volume at nearly a 7-month high. Avon surged to nearly a 9-month high.
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