Estee Lauder (EL) Tops Q4 EPS by 5c, Offers Outlook

(Updated - August 20, 2018 6:47 AM EDT)

Estee Lauder (NYSE: EL) reported Q4 EPS of $0.61, $0.05 better than the analyst estimate of $0.56. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.25 billion.

GUIDANCE:

Full Year Fiscal 2019

Excluding restructuring and other charges, diluted net earnings per share are projected to be between $4.62 and $4.71.

(**Street sees FY EPS of $4.99)

• Reported net sales are forecasted to increase between 4% and 5% versus the prior-year period, which includes a 2% impact from currency translation and 1% impact from the adoption of the new revenue recognition accounting standard. Excluding these items, net sales are forecasted to grow between 7% and 8%. This is on the high-end of the Company’s long-term growth goal of 6% to 8% in constant currency.

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

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