The cosmetics giant is facing serious challenges in China.Shares of Estée Lauder (EL -20.83%) were taking a dive today as the cosmetics giant continued to struggle with weakness in China as the company also cut its dividend and pulled its guidance for the fiscal year, reflecting a lack of visibility into the China situation and a need to reinvest in the business.The stock was down 19.3% on the news as of 12:38 p.m. ET. Estée Lauder's challenges continueEstée Lauder, which owns brands like Aveda, Clinique, L ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-14064 The Estée Lauder Companies Inc. ...

For the quarter ended September 2024, Estee Lauder (EL) reported revenue of $3.36 billion, down 4.5% over the same period last year. EPS came in at $0.14, compared to $0.11 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.37 billion, representing a surprise of -0.29%. The company delivered an EPS surprise of +55.56%, with the consensus EPS estimate being $0.09.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Estee Lauder (EL) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 55.56%. A quarter ago, it was expected that this beauty products company would post earnings of $0.25 per share when it actually produced earnings of $0.64, delivering a surprise of 156%.Over the last four quarters, the ...

Exhibit 99.1 | --- | --- | |-----------------------------------------------|-----------------------------------------------------------| | | | | | News | | | | | | Contact: Investors: Rainey Mancini rmancini@estee.com | | 767 Fifth Avenue New York, NY 10153 | Media: Jill Marvin jimarvin@estee.com | THE ESTÉE LAUDER COMPANIES REPORTS FISCAL 2025 FIRST QUARTER RESULTS Net Sales Decreased 4% and Diluted Net EPS Decreased to Net Loss Per Share of $.43 1 Organic Net Sales Decreased 5% and Adjusted Diluted EPS In ...

It seems as if the company will get a new leader quite soon. The apparent end of a long-running corporate succession saga was the news driving Estée Lauder (EL 1.69%) stock into positive territory on Monday. The storied cosmetics company's stock rose nearly 2% on media reports that its board of directors had selected a new CEO. That share price increase was notably higher than the S&P 500 index's 0.3% rise on the day. Meet the new boss The Wall Street Journal was one of the publications disseminating the ne ...

Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported Monday, citing people familiar with the matter. In August, the company said CEO Fabrizio Freda was retiring next year and would remain as an advisor to his successor in fiscal year 2026. La Faverie is currently the executive group president at the company, with brands such as Estée Lauder, Jo Malone London, Le Labo and Kilian Paris under his portfolio. He joined the compa ...

Wall Street analysts expect Estee Lauder (EL) to post quarterly earnings of $0.09 per share in its upcoming report, which indicates a year-over-year decline of 18.2%. Revenues are expected to be $3.38 billion, down 4% from the year-ago quarter. The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a ...

The Estee Lauder Companies Inc. (EL) is likely to register top-and-bottom line decline when it reports firstquarter fiscal 2025 earnings on Oct. 31. The Zacks Consensus Estimate for net sales is pegged at $3.4 billion, suggesting a decrease of 4% from the prior-year quarter. The consensus mark for fiscal first-quarter earnings has remained unchanged in the past 30 days at 9 cents per share, indicating a decline of 18.2% from the figure reported in the year-ago quarter. EL has a trailing four-quarter earning ...

Estee Lauder (EL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31 ...