Estée Lauder (EL) Tops Q2 EPS by 5c, Offers Q3 & FY Guidance

Estée Lauder (NYSE: EL) reported Q2 EPS of $1.22, $0.05 better than the analyst estimate of $1.17. Revenue for the quarter came in at $3.21 billion versus the consensus estimate of $3.26 billion.

GUIDANCE:

Estée Lauder sees Q3 2017 EPS of $0.65-$0.70, versus the consensus of $0.84.

• Net sales are forecasted to increase between 5% and 6% versus the prior-year period.

Estée Lauder sees FY2017 EPS of $3.29-$3.33, versus the consensus of $3.39.

• Net sales are forecasted to increase between 4% and 5% versus the prior-year period.

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

You May Also Be Interested In

• Goldman Sachs Reinstates Estee Lauder (EL) at Buy
• C.H. Robinson acquires DeSpir Logistics for $75 million
• FirstCash to acquire UK pawn operator Ramsdens for £206 million