Beauty products company Coty (NYSE:COTY) will be reporting earnings tomorrow after market hours. Here's what to expect.

Coty beat analysts' revenue expectations by 2.9% last quarter, reporting revenues of $1.73 billion, up 13.4% year on year. It was a strong quarter for the company, with optimistic earnings guidance for the full year and a solid beat of analysts' earnings estimates.

Is Coty a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting Coty's revenue to grow 6.5% year on year to $1.37 billion, slowing from the 8.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.06 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Coty has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 2.8% on average.

Looking at Coty's peers in the personal care segment, some have already reported their Q1 results, giving us a hint as to what we can expect. USANA's revenues decreased 8.3% year on year, meeting analysts' expectations, and Medifast reported a revenue decline of 49.9%, in line with consensus estimates. USANA traded up 9.6% following the results while Medifast was down 22.5%.

Read our full analysis of USANA's results here and Medifast's results here.

Investors in the personal care segment have had steady hands going into earnings, with share prices flat over the last month. Coty is up 4% during the same time and is heading into earnings with an average analyst price target of $11.4 (compared to the current share price of $11.6).

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