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-0.000752862860086372 0.00110948210960099 -0.00162459880334428 0.000198121805285935 -0.0134429607322581 0.00899472995997944 0.0292427784601973 0.0336410825375441
Stock impact report

Estee Lauder (EL) Ups FY24 Profit View on Q3 Earnings Beat [Yahoo! Finance]

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: Yahoo! Finance
Quarterly net sales and earnings surpassed the Zacks Consensus Estimate. Asia travel retail experienced a return to organic sales growth, as developed and emerging markets across Asia/Pacific, Europe, the Middle East & Africa (EMEA) and Latin America further contributed to the positive performance. Considering macroeconomic challenges — including softness in overall prestige beauty in mainland China and geopolitical volatility in certain regions — management is lowering its organic net sales outlook for the fiscal 2024. The company is increasing and tightening its adjusted earnings per share (EPS) outlook for the year. Quarter in Detail The company posted adjusted earnings of 97 cents per share, surpassing the Zacks Consensus Estimate of 48 cents. The bottom line increased significantly from earnings of 47 cents reported in the year-ago quarter. Adjusted EPS came in at $1.02 cents at constant currency or cc. The Estee Lauder Companies Inc. Price, Consensus and EPS Surprise T Show less Read more
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