The Estée Lauder Companies Achieves Outstanding Fiscal 2018 First Quarter Results
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November 2, 2017 9:39 AM EDT
Jefferies raised its price target on Estee Lauder (NYSE: EL) to $140.00 (from $122.00) while maintaining a Buy rating following the company's 1Q. Jefferies is adhering to EL's issued guidance for 10-11% growth in FY18, although they see this as conservative, given strong momentum in emerging... More
November 2, 2017 8:27 AM EDT
Bernstein analyst Ali Dibadj raised his price target on Estee Lauder (NYSE: EL) to $134.00 (from $121.00) while maintaining an Outperform rating following strong Q3 results.
Dibadj said the results give them more confidence in the company's trajectory post CY:18.
The firm raised FY:18 EPS... More
November 1, 2017 6:47 AM EDT
Estée Lauder (NYSE: EL) reported Q1 EPS of $1.21, $0.24 better than the analyst estimate of $0.97. Revenue for the quarter came in at $3.27 billion versus the consensus estimate of $3.17 billion.
GUIDANCE:
Estée Lauder sees FY2018 EPS of $4.04-$4.12, versus the consensus of $3.99.
Full Year... More
