Estee Lauder (EL) Tops Q3 EPS by 33c, Offers FY Guidance
Estee Lauder (NYSE: EL) reported Q3 EPS of $1.62, $0.33 better than the analyst estimate of $1.29. Revenue for the quarter came in at $3.86 billion versus the consensus estimate of $3.92 billion.
GUIDANCE:
Estee Lauder sees FY2021 EPS of $6.05-$6.15, versus the consensus of $6.00.
- Reported net sales are forecasted to increase between 11% and 12% versus the prior-year period.
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