Estee Lauder (EL) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 156%. A quarter ago, it was expected that this beauty products company would post earnings of $0.48 per share when it actually produced earnings of $0.97, delivering a surprise of 102.08%. Over the last four quarters, t ...

Estee Lauder Companies Inc EL shares are trading slightly lower after the company reported its fourthquarter results. The company reported sales growth of 7% Y/Y to $3.87 billion, beating the analyst consensus estimate of $3.83 billion. Organic net sales grew 8% Y/Y, fueled by broad-based gains across all product categories, with Skin Care leading the way, driven by the company's global travel retail segment. Organic net sales in the Americas declined 5%, with sales in Europe, Middle East & Africa climbed 3 ...

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 2024 RESULTS Net Sales Decreased 2% and Diluted EPS Declined 61% to $1.08 1 Organic Net Sales Decreased 2% and Adjusted Diluted EPS Declined 25% to $2.59 Organic Net Sale ...

The shares of Estee Lauder Companies Inc (NYSE:EL) are 0.7% lower at $94.51 at last look, after a bear note from BofA Global Securities. The Wall Street analyst downgrade EL to "neutral" from "buy" and lowered its price target by $40 to $100, citing headwinds in China and softening demand in the U.S. This pessimistic note precedes Estee Lauder's fiscal fourth-quarter earnings call, due out before the open on Monday, Aug. 19. Per Zacks, Wall Street anticipates the cosmetics giant to report a year-over-year r ...

The Estée Lauder Companies Inc. EL is expected to release earnings results for its fourth quarter, before the opening bell on Monday, Aug. 19. Analysts expect the New York-based company to report quarterly earnings at 27 cents per share, up from 7 cents per share in the year-ago period. Estée Lauder is projected to post revenue of $3.83 billion. It reported $3.63 billion a year earlier, according to data from Benzinga Pro. With the recent buzz around Estee Lauder, some investors may be eyeing potential gain ...

The Estee Lauder Companies Inc. (EL) is likely to see top and bottom-line growth when it reports fourthquarter fiscal 2024 earnings on Aug 19. The consensus mark for quarterly revenues is pegged at $3.83 billion, which indicates growth of 6.2% from the prior-year quarter's reported figure. The Zacks Consensus Estimate for earnings per share (EPS) has decreased 2 cents in the past 30 days to 25 cents, calling for a significant improvement from 7 cents reported in the year-ago period. EL has a trailing fourqu ...

Renphoto/E+ via Getty Images Summary And Key Takeaways Estée Lauder (NYSE:EL) was once a hyped darling of the masses, with its stock trading at lofty valuations. The rise was only short-lived, though, and the fall well deserved, as the business has been suffering for several years now. Despite being down by ~75% from the high, I don't see any reason to rush in. To the contrary, even the dividend is in jeopardy. Why This Beauty Isn't Pretty Anymore - Better Prepare For A Dividend Cut Estée Lauder was founded ...

In its upcoming report, Estee Lauder (EL) is predicted by Wall Street analysts to post quarterly earnings of $0.25 per share, reflecting an increase of 257.1% compared to the same period last year. Revenues are forecasted to be $3.83 billion, representing a year-over-year increase of 6.2%. The consensus EPS estimate for the quarter has been revised 7.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates du ...

The market expects Estee Lauder (EL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 19, 2024, might help the stock move higher if these key numbers are b ...

Estee Lauder (NYSE:EL), one of the pioneer companies in the cosmetics industry, has seen its stock get hammered by more than 70% since its all-time highs by the end of 2021 and close to 30% since its recent highs in March 2022. Despite this massive underperformance compared to the S&P 500, which is up more than 15% year-to- Additionally, the company can be considered a legacy company due to its main distribution channels, which are physically in retailers trying to provide what is called High-Touch services ...