Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Estee Lauder, with a focus on how actual results compare to estimates, which could significantly impact the stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on October 30, with a projected earnings per share (EPS) of $0.16, reflecting a year-over-year increase of +14.3% [3]. - Revenues are anticipated to reach $3.38 billion, marking a 0.6% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.3% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Estee Lauder is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +15.65%, suggesting a bullish outlook on earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Estee Lauder currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a high likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Estee Lauder exceeded the expected EPS of $0.08 by delivering $0.09, resulting in a surprise of +12.50% [13]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [14]. Conclusion - Estee Lauder is positioned as a compelling candidate for an earnings beat, but investors should consider other factors that may influence stock performance beyond just earnings results [17].
Estee Lauder (EL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release