The Estée Lauder Companies Reports Excellent Fiscal 2022 Results

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Estee Lauder (EL) PT Raised to $324 at Jefferies

August 19, 2022 8:18 AM EDT

Jefferies analyst Stephanie Wissink raised the price target on Estee Lauder (NYSE: EL) to $324.00 (from $297.00) while maintaining a Buy rating following earnings.

The analyst commented, "As expected, EL guided below the Street following a mixed print for Q4 (bested sales & EPS). FY23 outlook... More

Estee Lauder (EL) Tops Q4 EPS by 9c

August 18, 2022 6:58 AM EDT

Estee Lauder (NYSE: EL) reported Q4 EPS of $0.42, $0.09 better than the analyst estimate of $0.33. Revenue for the quarter came in at $3.56 billion versus the consensus estimate of $3.43 billion.

GUIDANCE:

Estee Lauder sees FY2023 EPS of $7.39-$7.54, versus the consensus of $7.99.... More