NEW YORK, May 23, 2002 (PRIMEZONE) -- Avon Products' OPS (TM) (Operational-cashflow Per Share) was negative for its most recent quarter ended March 31, 2002 and StockDiagnostics.com has downgraded Avon Products, Inc. (NYSE:AVP) to an OPS Rating (TM) of "2." An OPS Rating of "2" is the second highest that a company can receive. OPS Ratings on more than 7,500 companies can be found at: http://www.stockdiagnostics.com
Avon Products' OPS Rating decrease was justified by its recently filed Cash Flow Statements for its first quarter ended March 31, 2002. Its computed OPS (Operational-cashflow Per Share) for the quarter was ($.24) per share as compared to $.29 per share for the quarter ended March 31, 2001. To view Avon Products' quarterly OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/20qtrs/45/14445.htm
Avon Products' OPS for its most recent 12 months ended March 31, 2002 increased 21% to $2.66 per share as compared to $2.19 per share for the 12 months ended March 31, 2001. To view Avon Products' "5 year history-trailing 12 month" OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/5yrs/45/14445.htm
For information on OPS (Operational-cashflow Per Share) go to: http://www.stockdiagnostics.com/member/ops.htm
How are OPS Ratings determined?
OPS Ratings were discovered from StockDiagnostics.com's in-depth research on Operational Cash Flow. These studies revealed that a company's OPS (Operational-cashflow Per Share) logically falls into a mathematical sequence that ranks it into one of eight distinctive risk categories. Ratings are scaled 1 through 8, with number one (1), being the highest rating and number eight (8), the lowest. A "Ratings Suspended" status is given for all companies diagnosed with The EPS Syndrome (TM) during the most recent four quarters.
For more information on OPS Ratings go to: http://www.stockdiagnostics.com/member/ops_rating.htm
For information on The EPS Syndrome go to: http://www.stockdiagnostics.com/member/eps_syndrome.htm
About StockDiagnostics.com
StockDiagnostics.com has designed and built a proprietary data refinery that automates the process of collecting, sorting, and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement and securities pricing variances or anomalies and to monitor changes in the performance of public companies.
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