Why Estee Lauder (EL) Could Beat Earnings Estimates Again

Core Insights - Estee Lauder is positioned well to continue its trend of beating earnings estimates in upcoming reports [1] Earnings Performance - Estee Lauder has a strong history of surpassing earnings estimates, averaging a 56.25% beat over the last two quarters [2] - In the most recent quarter, the company reported earnings of $0.32 per share, exceeding the expected $0.16 per share by 100.00% [3] - For the previous quarter, Estee Lauder reported $0.09 per share against an estimate of $0.08 per share, resulting in a surprise of 12.50% [3] Earnings Estimates and Predictions - Recent estimates for Estee Lauder have been increasing, with a positive Zacks Earnings ESP indicating potential for another earnings beat [6] - The Zacks Earnings ESP for Estee Lauder is currently +3.82%, suggesting analysts are optimistic about its near-term earnings potential [9] - The company's Zacks Rank is 2 (Buy), further supporting the likelihood of an earnings beat [9] Earnings ESP Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7] - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [8]