Estee Lauder Companies (EL) Set to Announce Earnings on Wednesday
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.
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.
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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.
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