Estee Lauder (EL) PT Raised to $158 at RBC Capital; 'Still the Best Company in the CPG Space'

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The Estée Lauder Companies Fiscal 2018 Third Quarter Sales Growth of 18% Drives 24% EPS Increase

May 2, 2018 6:45 AM EDT

CONSTANT CURRENCY NET SALES INCREASED 13%
DILUTED EPS $.99, ADJUSTED DILUTED EPS $1.17

COMPANY RAISES FULL-YEAR SALES AND ADJUSTED EARNINGS GUIDANCE

NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) today reported strong financial results for its third quarter ended March 31, 2018. The Company achieved net sales of $3.37 billion, an increase of 18%, compared with $2.86 billion in the... More