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Estée Lauder lowers its fiscal 2024 earnings outlook, and expanded a profit-recovery plan.
The Estée Lauder Companies (including brands like Clinique, Bobbi Brown, Too Faced and Estée Lauder itself), announced its Q2 2024 financial results on February 5th.
Shares of Estee Lauder Companies EL, -0.43% soared 10.7% in premarket trading Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, and said the business has reached “an inflection point” that sets its up for a strong second half. Net income for the quarter to Dec. 31 fell to $313 million, or 87 cents a share, in the year-ago period.
Estee Lauder (NYSE: EL) stock price will be in the spotlight on Monday as the company publishes its fourth-quarter earnings. These will be important results since the company has been quite embattled in the past few months.
The Estee Lauder Companies (EL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Estee Lauder Companies' (EL) second-quarter performance will likely reflect incremental external headwinds like economic hurdles in China and unfavorable foreign currency fluctuations.
Evaluate the expected performance of Estee Lauder (EL) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) will release its fiscal 2024 second quarter results on February 5, 2024. On that date, at 9:30 a.m. (ET), the Company will provide a live webcast of its conference call discussing the results, future prospects and recent corporate developments. Fabrizio Freda, President and CEO, and Tracey T. Travis, EVP and CFO, will host the call. Those wishing to access the webcast can visit http://www.elcompanies.com/investors. The call w.
Estee Lauder (EL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Estee Lauder Companies (EL) is benefiting from continued momentum in several emerging markets globally. Strong online business is a major driver.