Estee Lauder Companies (NYSE:EL) will be announcing its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.29 per share for the quarter.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Tuesday, February 5th. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.20. The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.92 billion. Estee Lauder Companies had a net margin of 11.49% and a return on equity of 40.38%. Estee Lauder Companies’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.52 EPS. On average, analysts expect Estee Lauder Companies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Estee Lauder Companies stock opened at $171.11 on Wednesday. The stock has a market cap of $61.52 billion, a PE ratio of 37.94, a PEG ratio of 2.60 and a beta of 0.72. Estee Lauder Companies has a fifty-two week low of $121.47 and a fifty-two week high of $171.80. The company has a current ratio of 1.71, a quick ratio of 1.27 and a debt-to-equity ratio of 0.78.

Several research analysts have recently weighed in on EL shares. Citigroup upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $145.00 to $155.00 in a research note on Wednesday, January 2nd. Telsey Advisory Group boosted their price objective on shares of Estee Lauder Companies from $170.00 to $179.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 6th. Goldman Sachs Group lowered shares of Estee Lauder Companies from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $171.00 to $116.00 in a research note on Tuesday, January 8th. Zacks Investment Research lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Monday, January 14th. Finally, Deutsche Bank boosted their price objective on shares of Estee Lauder Companies to $167.00 and gave the stock a “buy” rating in a research note on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have given a buy rating to the stock. Estee Lauder Companies has a consensus rating of “Buy” and a consensus target price of $163.13.

In related news, VP Sara E. Moss sold 22,788 shares of Estee Lauder Companies stock in a transaction dated Tuesday, February 5th. The shares were sold at an average price of $150.10, for a total transaction of $3,420,478.80. Following the completion of the sale, the vice president now owns 6,697 shares of the company’s stock, valued at approximately $1,005,219.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Demsey sold 11,179 shares of Estee Lauder Companies stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $136.02, for a total transaction of $1,520,567.58. Following the sale, the insider now directly owns 10,288 shares of the company’s stock, valued at approximately $1,399,373.76. The disclosure for this sale can be found here. Insiders have sold a total of 574,507 shares of company stock valued at $89,174,250 in the last ninety days. 16.13% of the stock is currently owned by insiders.

TRADEMARK VIOLATION NOTICE: This news story was reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/estee-lauder-companies-el-set-to-announce-earnings-on-wednesday/2983402.html.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

Read More: What are different types of coverage ratios?

Earnings History for Estee Lauder Companies (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.