Equities research analysts expect Estee Lauder Companies Inc (NYSE:EL) to announce sales of $3.48 billion for the current fiscal quarter, according to Zacks. Nine analysts have issued estimates for Estee Lauder Companies’ earnings. The lowest sales estimate is $3.45 billion and the highest is $3.53 billion. Estee Lauder Companies posted sales of $3.27 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 6.4%. The company is expected to issue its next earnings report before the market opens on Wednesday, October 31st.

On average, analysts expect that Estee Lauder Companies will report full-year sales of $14.31 billion for the current fiscal year, with estimates ranging from $14.22 billion to $14.42 billion. For the next year, analysts anticipate that the firm will report sales of $15.25 billion, with estimates ranging from $15.06 billion to $15.45 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that that provide coverage for Estee Lauder Companies.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Monday, August 20th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.05. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.25 billion. Estee Lauder Companies had a net margin of 8.10% and a return on equity of 36.09%. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS.

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group set a $145.00 target price on shares of Estee Lauder Companies and gave the company a “hold” rating in a research note on Friday, June 29th. Stifel Nicolaus reduced their price objective on shares of Estee Lauder Companies from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Monday. Oppenheimer reduced their price objective on shares of Estee Lauder Companies from $170.00 to $148.00 and set an “outperform” rating for the company in a research note on Tuesday, August 14th. Wells Fargo & Co reduced their price objective on shares of Estee Lauder Companies from $168.00 to $165.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Piper Jaffray Companies set a $162.00 price objective on shares of Estee Lauder Companies and gave the company a “buy” rating in a research note on Thursday, August 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-one have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $146.02.

In related news, Director Jane Lauder sold 36,334 shares of Estee Lauder Companies stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $133.23, for a total value of $4,840,778.82. Following the transaction, the director now owns 45,037 shares in the company, valued at approximately $6,000,279.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Irvine O. Hockaday, Jr. sold 1,700 shares of Estee Lauder Companies stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $137.57, for a total transaction of $233,869.00. Following the completion of the transaction, the director now owns 15,040 shares in the company, valued at approximately $2,069,052.80. The disclosure for this sale can be found here. Insiders sold a total of 107,756 shares of company stock worth $14,739,082 in the last quarter. Insiders own 16.13% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Acropolis Investment Management LLC increased its holdings in shares of Estee Lauder Companies by 4.6% during the 3rd quarter. Acropolis Investment Management LLC now owns 8,137 shares of the company’s stock worth $1,182,000 after purchasing an additional 360 shares during the period. Brookmont Capital Management increased its holdings in shares of Estee Lauder Companies by 12.1% during the 2nd quarter. Brookmont Capital Management now owns 3,369 shares of the company’s stock worth $481,000 after purchasing an additional 363 shares during the period. 180 Wealth Advisors LLC increased its holdings in shares of Estee Lauder Companies by 15.6% during the 1st quarter. 180 Wealth Advisors LLC now owns 2,697 shares of the company’s stock worth $403,000 after purchasing an additional 364 shares during the period. Osborn Williams & Donohoe LLC increased its holdings in shares of Estee Lauder Companies by 2.3% during the 2nd quarter. Osborn Williams & Donohoe LLC now owns 16,135 shares of the company’s stock worth $2,302,000 after purchasing an additional 368 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Estee Lauder Companies by 11.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,875 shares of the company’s stock worth $553,000 after purchasing an additional 390 shares during the period. Institutional investors own 56.43% of the company’s stock.

Shares of NYSE:EL traded down $1.32 during trading on Friday, reaching $125.45. 1,935,500 shares of the company traded hands, compared to its average volume of 1,974,442. The firm has a market capitalization of $47.30 billion, a P/E ratio of 28.60, a price-to-earnings-growth ratio of 2.16 and a beta of 0.61. Estee Lauder Companies has a 1-year low of $108.25 and a 1-year high of $158.80. The company has a quick ratio of 1.37, a current ratio of 1.86 and a debt-to-equity ratio of 0.71.

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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Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

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