Estee Lauder (EL) Tops Q2 EPS by 92c, Offers Q3 Guidance

Estee Lauder (NYSE: EL) reported Q2 EPS of $2.61, $0.92 better than the analyst estimate of $1.69. Revenue for the quarter came in at $4.85 billion versus the consensus estimate of $4.49 billion.

GUIDANCE:

Estee Lauder sees Q3 2021 EPS of $1.10-$1.20, versus the consensus of $1.46.

• Reported net sales are forecasted to increase between 13% and 14% versus the prior-year period.

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

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