Estee Lauder (EL) Tops Q3 EPS by 48c; offers guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/7/2026

1. MRVL
2. USO
3. SPY
4. BBIO
5. NVDA
6. GOOGL
7. OPCH
8. CHRW
9. AMD
10. RXO

Go back to Estee Lauder (EL) Tops Q3 EPS by 48c; offers guidance

Estee Lauder (EL) stock falls despite stronger Asia travel retail sales

May 1, 2024 7:15 AM EDT

(Updated - May 1, 2024 11:46 AM EDT)

Estee Lauder (NYSE: EL) shares plunged more than 11% premarket as its earnings and revenue topped consensus expectations, but guidance fell short of consensus estimates.

The beauty products company reported Q3 EPS of $0.97, $0.48 better than the analyst estimate of $0.49. Revenue for the quarter came in at $3.94 billion, up 5% year-on-year and above the consensus estimate of $3.91 billion.

The company said its organic net sales increased 6% primarily due to double-digit growth in... More