Estée Lauder (EL) Declares $.34 Quarterly Dividend; 1.6% Yield
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Estee Lauder (EL) PT Raised to $95 at Jefferies Following 3Q Report
May 4, 2017 9:47 AM EDTJefferies raised its price target on Estee Lauder (NYSE: EL) to $95.00 (from $91.00) while maintaining a Hold rating. EL reported a 3Q topline upside of +9% vs. estimates of +7.5%. Lower SG&A drove the ~21% OI beat and $0.91 of EPS handily outpaced $0.73 expectations and $0.65-$0.70... More
Estee Lauder (EL) PT Raised to $102 at Deutsche Bank on 1Q EPS/Revenue Beat; 'Growth is Beautiful'
May 4, 2017 9:02 AM EDTDeutsche Bank raised its price target on Estee Lauder (NYSE: EL) to $102.00 (from $96.00) while maintaining a Buy rating, following the company's first quarter earnings report.
Analyst Faiza Alwy notes the company delivered first quarter earnings per share and revenue above consensus, despite a challenging... More
Estée Lauder (EL) Tops Q3 EPS by 18c, Beats on Revenue; Confirms FY Guidance
May 3, 2017 6:48 AM EDTEstée Lauder (NYSE: EL) reported Q3 EPS of $0.91, $0.18 better than the analyst estimate of $0.73. Revenue for the quarter came in at $2.86 billion versus the consensus estimate of $2.81 billion.
Outlook for Fiscal 2017 Full Year
Global prestige beauty remains a vibrant industry estimated to grow approximately 4% to 5%. There are risks related to social and political issues, terrorism, currency volatility and economic challenges affecting consumer behavior in certain countries. We are also cautious of the decline in retail traffic, primarily related to brick-and-mortar stores and certain tourist-driven doors in the... More
Piper Jaffray Resumes Estee Lauder (EL) at Overweight
May 1, 2017 3:18 AM EDTPiper Jaffray resumes coverage on Estee Lauder (NYSE: EL) with a Overweight rating and a price target of $93.00.
For an analyst ratings summary and ratings history on Estee Lauder click here. For more ratings news on Estee Lauder click here.
Shares of Estee Lauder closed at $87.14 Friday.
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