Estée Lauder (EL) Tops Q1 EPS by 12c, Offers Q2 & FY16 Guidance

Estée Lauder (NYSE: EL) reported Q1 EPS of $0.82, $0.12 better than the analyst estimate of $0.70. Revenue for the quarter came in at $2.83 billion versus the consensus estimate of $2.78 billion.

Estée Lauder sees Q2 2016 EPS of $1.04-$1.08, versus the consensus of $1.20.

• Net sales are forecasted to increase between 6% and 7% in constant currency.

Estée Lauder sees FY2016 EPS of $3.10-$3.17, versus the consensus of $3.18.

• Net sales are forecasted to grow between 8% and 10% in constant currency.

For earnings history and earnings-related data on Estée Lauder (EL) click here.

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