Estee Lauder (EL) Tops Q2 EPS by 38c, Offers Guidance

Estee Lauder (NYSE: EL) reported Q2 EPS of $3.01, $0.38 better than the analyst estimate of $2.63. Revenue for the quarter came in at $5.54 billion versus the consensus estimate of $5.51 billion.

GUIDANCE:

Estee Lauder sees FY2022 EPS of $7.43-$7.58, versus the consensus of $7.46.

• Reported net sales are forecasted to increase between 13% and 16% versus the prior-year period.

Estee Lauder sees Q3 2022 EPS of $1.55-$1.65, versus the consensus of $1.92.

• Reported net sales are forecasted to increase between 10% and 12% versus the prior-year period.

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

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