01.05.2024 12:54:44 - dpa-AFX: The Estée Lauder Companies Inc. Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - The Estée Lauder Companies Inc. (EL) revealed a
profit for its third quarter that increased from last year and beat the Street
estimates.

The company's bottom line came in at $330 million, or $0.91 per share. This
compares with $156 million, or $0.43 per share, in last year's third quarter.

Excluding items, The Estée Lauder Companies Inc. reported adjusted earnings of
$554 million or $0.97 per share for the period.

Analysts on average had expected the company to earn $0.48 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.1% to $3.94 billion from $3.75
billion last year.

The Estée Lauder Companies Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $330 Mln. vs. $156 Mln. last year.
-EPS (Q3): $0.91 vs. $0.43 last year.
-Revenue (Q3): $3.94 Bln vs. $3.75 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.19 - $0.29
Full year EPS guidance: $2.14 - $2.24


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ESTEE LAUDER COS A DL-,01 897933 Frankfurt 116,000 29.05.24 13:28:43 +1,000 +0,87% 0,000 0,000 115,500 115,000

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