The Estée Lauder Companies Delivers Strong Sales and Earnings Growth in Fiscal 2016 Second Quarter
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Piper Jaffray Raises Price Target on Estée Lauder (EL) Following Strong 2Q
February 8, 2016 8:07 AM ESTPiper Jaffray reiterated an Overweight rating on Estee Lauder (NYSE: EL), and raised the price target to $99.00 (from $98.00), following the company's 2Q earnings report. EL continues to outperform expectations despite macroeconomic headwinds in its increasingly global business model. In FQ2, EL was able to anticipate and execute on current trends, and deliver... More
Estée Lauder (EL) Tops Q2 EPS by 11c; Issues Light Q1, FY16 EPS Outlook
February 5, 2016 6:48 AM ESTEstée Lauder (NYSE: EL) reported Q2 EPS of $1.22, $0.11 better than the analyst estimate of $1.11. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.08 billion.
For the quarter, the negative impact of foreign currency translation on diluted net earnings per... More
