Estee Lauder (EL) Expected to Beat Earnings Estimates: Should You Buy?

The market expects Estee Lauder (EL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. 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 February 5, 2024, might help the stock move higher if these key numbers are ...