On Wednesday, Estee Lauder (NYSE: EL) will
report Q3 earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Analysts covering Estee Lauder modeled for quarterly EPS of $1.06 on revenue of $3.24 billion.
Estee Lauder EPS in the same period a year ago totaled 91 cents. Revenue was $2.8 billion. The analyst consensus estimate would
represent a 16.48 percent increase in the company's earnings. Sales would be have grown 13.41 percent from the same quarter last
year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter |
Q2 2018 |
Q1 2018 |
Q4 2017 |
Q3 2017 |
| EPS Estimate |
1.43 |
0.97 |
0.43 |
0.73 |
| EPS Actual |
1.52 |
1.15 |
0.51 |
0.91 |
Stock Performance
Over the last 52-week period, shares of Estee Lauder are up 69.94 percent. Over the past 90 days, analysts have generally
adjusted their estimates higher for EPS and revenues. Analysts generally rate Estee Lauder stock as Neutral. The strength of this
rating has maintained conviction over the past three months.
Conference Call
Estee Lauder's Q3 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: http://www.elcompanies.com/
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.