Estee Lauder Companies (NYSE:EL) Updates Q1 2020 Earnings Guidance

Share on StockTwits

Estee Lauder Companies (NYSE:EL) updated its first quarter 2020 earnings guidance on Monday. The company provided earnings per share guidance of $1.56-1.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.55. The company issued revenue guidance of $3.84116-3.8764 billion, compared to the consensus revenue estimate of $3.75 billion.Estee Lauder Companies also updated its FY 2020 guidance to $5.90-5.98 EPS.

A number of research firms have recently weighed in on EL. Telsey Advisory Group reiterated an outperform rating and set a $195.00 target price (up from $190.00) on shares of Estee Lauder Companies in a research report on Thursday, May 2nd. Wells Fargo & Co reissued a hold rating and set a $190.00 price target on shares of Estee Lauder Companies in a report on Monday. Citigroup boosted their price target on Estee Lauder Companies from $188.00 to $197.00 and gave the stock a buy rating in a report on Thursday, May 2nd. Stifel Nicolaus boosted their price target on Estee Lauder Companies from $180.00 to $205.00 and gave the stock a buy rating in a report on Friday, July 19th. Finally, Piper Jaffray Companies boosted their price target on Estee Lauder Companies from $178.00 to $187.00 and gave the stock an overweight rating in a report on Monday, August 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. Estee Lauder Companies presently has an average rating of Buy and an average target price of $175.92.

Shares of EL stock opened at $201.65 on Tuesday. The stock has a market cap of $64.85 billion, a price-to-earnings ratio of 44.71, a PEG ratio of 2.38 and a beta of 0.81. The stock has a 50-day moving average of $185.41 and a 200-day moving average of $170.05. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 0.62. Estee Lauder Companies has a 1-year low of $121.47 and a 1-year high of $202.84.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.11. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.53 billion. Estee Lauder Companies had a return on equity of 43.52% and a net margin of 12.45%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 earnings per share. Sell-side analysts forecast that Estee Lauder Companies will post 5.23 earnings per share for the current year.

About Estee Lauder Companies

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.

Featured Article: Average Daily Trade Volume – What It Means In Stock Trading

Earnings History and Estimates 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.



Latest News

Swiss National Bank Buys 4,900 Shares of ChannelAdvisor Corp
Swiss National Bank Buys 4,900 Shares of ChannelAdvisor Corp
Doheny Asset Management CA Buys 960 Shares of AT&T Inc.
Doheny Asset Management CA Buys 960 Shares of AT&T Inc.
Doheny Asset Management CA Buys 2,865 Shares of Xilinx, Inc.
Doheny Asset Management CA Buys 2,865 Shares of Xilinx, Inc.
$1.31 EPS Expected for Microchip Technology Inc.  This Quarter
$1.31 EPS Expected for Microchip Technology Inc. This Quarter
Doheny Asset Management CA Has $387,000 Stock Holdings in Lowe’s Companies, Inc.
Doheny Asset Management CA Has $387,000 Stock Holdings in Lowe’s Companies, Inc.
-$0.63 Earnings Per Share Expected for Instructure Inc  This Quarter
-$0.63 Earnings Per Share Expected for Instructure Inc This Quarter


© 2006-2019 Ticker Report