These Analysts Revise Their Forecasts On Estee Lauder After Q2 Earnings

Core Insights - Estee Lauder Companies, Inc. reported stronger-than-expected quarterly results, driven by broad-based demand across its prestige beauty portfolio [1] - The company’s second-quarter adjusted earnings per share were 89 cents, exceeding the analyst consensus estimate of 83 cents [1] - Quarterly sales reached $4.229 billion, reflecting a 6% year-over-year increase and surpassing the expected $4.219 billion [1] Financial Performance - The firm raised its fiscal 2026 adjusted earnings forecast to a range of $2.03-$2.23 per share from a previous range of $1.90-$2.10, compared to analysts' estimates of $2.15 [3] - Fiscal 2026 sales forecast was increased to $14.756 billion–$15.042 billion from $14.613 billion–$15.042 billion, against analysts' estimates of $14.934 billion [3] - Following the earnings announcement, Estee Lauder shares gained 5.1%, trading at $101.59 [3] Analyst Ratings - Wells Fargo analyst maintained Estee Lauder with an Equal-Weight rating and lowered the price target from $111 to $105 [4] - Telsey Advisory Group analyst maintained a Market Perform rating with a price target of $105 [4] - Citigroup analyst upgraded Estee Lauder from Neutral to Buy, maintaining a price target of $120 [4]