Estee Lauder (EL) Tops Q3 EPS by 23c, EPS Guidance Misses Consensus
Estee Lauder (NYSE: EL) reported Q3 EPS of $1.90, $0.23 better than the analyst estimate of $1.67. Revenue for the quarter came in at $4.25 billion versus the consensus estimate of $4.32 billion.
GUIDANCE:
Estee Lauder sees FY2022 EPS of $7.05-$7.15, versus the consensus of $7.57.
- Reported net sales are forecasted to increase between 7% and 9% versus the prior-year period.
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