Estée Lauder (EL) Tops Q1 EPS by 4c; Guides Q2, FY17 EPS Below Views
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November 2, 2016 6:45 AM EDT
Company Reaffirms Fiscal 2017 Sales and Earnings Forecast
NEW YORK--(BUSINESS WIRE)--
The
Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of
$2.87 billion for its first quarter ended September 30, 2016, a 1%
increase compared with $2.83 billion in the prior-year quarter. Net
earnings were $294 million, compared with $309 million last year.
Diluted net earnings per common share were $.79, including... More
November 2, 2016 6:30 AM EDT
NEW YORK--(BUSINESS WIRE)--
The Estée Lauder Companies Inc. (NYSE: EL) announced today an increase in
the quarterly dividend on the Companys Class A and Class B Common Stock
to $.34 per share. The dividend amount represents a 13% increase over
the previous quarterly rate of $.30 per share. The $.34 per share... More
