Estée Lauder (EL) Tops Q3 EPS by 21c; Guides FY15 EPS Above Expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
The Estée Lauder Companies Third Quarter Results Exceed Expectations
May 5, 2015 7:30 AM EDTIn Constant Currency, Net Sales Climb 8%, EPS up 49%
Earnings Per Share Rise to $.72 before Charges
NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales for its third quarter ended March 31, 2015 of $2.58 billion, a 1% increase, compared with $2.55 billion in the prior-year quarter. The Company reported a 200 basis-point increase in operating margin, and net earnings for the quarter rose 28% to $272.1 million, compared with $213.2 million last year. Diluted net earnings per common share increased 30% to $.71, compared with $.54 in the prior year. For the... More
