Estee Lauder Companies Inc reports results for the quarter ended December 31 - Earnings Summary

• Estee Lauder Companies Inc EL.N reported quarterly adjusted earnings of 62 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of twenty three analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 20 cents to 45 cents per share.

• Revenue fell 6.4% to $4.00 billion from a year ago; analysts expected $3.97 billion.

• Estee Lauder Companies Inc's reported EPS for the quarter was a loss of $1.64​.

• The company reported a quarterly loss of $590 million.

• Estee Lauder Companies Inc shares had risen by 10.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 26 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the personal products peer group is also "hold"

Wall Street's median 12-month price target for Estee Lauder Companies Inc is $80.00

This summary was machine generated from LSEG data February 4 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)