Estee Lauder's Earnings: A Miss and a Lackluster Outlook
What Happened
Estee Lauder (EL) missed earnings expectations for the last reported quarter, posting EPS of $0.97 instead of the anticipated $0.48.
Why It Matters
This earnings miss suggests Estee Lauder may not have the right combination of factors for a likely earnings beat in its upcoming report.
Key Insights
- Estee Lauder is expected to post quarterly earnings of $0.48 per share in its upcoming report, representing a decline from the previous quarter.
- The Most Accurate Estimate for Estee Lauder is higher than the Zacks Consensus Estimate, indicating that analysts have recently become more optimistic about the company's earnings potential.
- Estee Lauder missed earnings expectations for the last reported quarter, posting EPS of $0.97 instead of the anticipated $0.129.
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