Coty lifts annual profit forecast on resilient demand for luxury cosmetics [Reuters]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
elcompanies.com/investors
Company Research
Source: Reuters
The company's shares rose 4% to $7.48 in premarket trading on Monday. Demand for luxury goods has held up as higher prices of everyday essentials have not affected the spending power of the affluent, updates from cosmetics group L'Oreal (OREP.PA) and Birkin bag maker Hermes (HRMS.PA) have shown in recent days. Revenue at Coty's prestige division, that houses cosmetics and fragrances from the Hugo Boss, Gucci and Burberry brands, rose 21% to $726.4 million for the third quarter ended March 31. "(Coty's) prestige brands are seeing phenomenal growth, which means that consumer confidence to buy our brands is intact," Chief Executive Officer Sue Nabi said. Coty, which has also raised prices to combat higher costs, saw its gross margin rise to 64.3%. On an adjusted basis, the company earned 3 cents per share in the reported quarter, beating estimates of a profit of 1 cent per share, according to Refinitiv IBES data. The CoverGirl cosmetics maker increased its adjusted earnings
Show less
Read more
Impact Snapshot
Event Time:
EL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EL alerts
High impacting Estee Lauder Companies, Inc. (The) news events
Weekly update
A roundup of the hottest topics
EL
News
- Cosmetic Executive Women (CEW) Hosts Achiever Awards [Yahoo! Finance]Yahoo! Finance
- The Estée Lauder Companies to Webcast Discussion of Fiscal 2024 Third Quarter Results on May 1, 2024Business Wire
- The Estée Lauder Companies Inc. (NYSE: EL) had its price target raised by analysts at Barclays PLC from $146.00 to $150.00. They now have an "equal weight" rating on the stock.MarketBeat
- INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Clinique Laboratories LLC- FalAccesswire
- The Estée Lauder Companies Inc. (NYSE: EL) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $155.00 price target on the stock.MarketBeat
EL
Earnings
- 2/5/24 - Beat
EL
Sec Filings
- 4/22/24 - Form 4
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- EL's page on the SEC website