The Estée Lauder Companies Reports Fiscal 2020 Results
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Estee Lauder (EL) Misses Q4 EPS by 34c, Offers Q1 Outlook
August 20, 2020 6:49 AM EDTEstee Lauder (NYSE: EL) reported Q4 EPS of ($0.53), $0.34 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $2.43 billion versus the consensus estimate of $2.45 billion.
GUIDANCE:
Estee Lauder sees Q1 2021 EPS of $0.80-$0.85, versus the consensus of $1.22.
Sales Outlook
Reported net sales are forecasted to decline... More