Equities research analysts predict that Estee Lauder Companies Inc (NYSE:EL) will report earnings of $1.60 per share for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Estee Lauder Companies’ earnings, with the highest EPS estimate coming in at $1.61 and the lowest estimate coming in at $1.57. Estee Lauder Companies reported earnings of $1.41 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 13.5%. The business is expected to announce its next earnings results before the market opens on Thursday, October 31st.
According to Zacks, analysts expect that Estee Lauder Companies will report full-year earnings of $5.98 per share for the current year, with EPS estimates ranging from $5.92 to $6.06. For the next financial year, analysts expect that the business will report earnings of $6.65 per share, with EPS estimates ranging from $6.27 to $6.87. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Estee Lauder Companies.
Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Monday, August 19th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.11. Estee Lauder Companies had a net margin of 12.01% and a return on equity of 44.43%. The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year.
Shares of EL stock traded down $0.61 during mid-day trading on Tuesday, reaching $185.10. 1,506,094 shares of the company’s stock traded hands, compared to its average volume of 1,687,422. Estee Lauder Companies has a 12 month low of $121.47 and a 12 month high of $207.50. The firm has a 50 day moving average price of $194.85 and a two-hundred day moving average price of $182.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.13 and a current ratio of 1.57. The firm has a market capitalization of $66.93 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 2.45 and a beta of 0.77.
In other Estee Lauder Companies news, EVP Alexandra C. Trower sold 6,608 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $203.78, for a total value of $1,346,578.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Sara E. Moss sold 6,274 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $193.55, for a total transaction of $1,214,332.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,187,217 shares of company stock worth $429,841,069. Corporate insiders own 14.68% of the company’s stock.
A number of hedge funds have recently made changes to their positions in EL. Scott & Selber Inc. raised its position in shares of Estee Lauder Companies by 0.4% during the 3rd quarter. Scott & Selber Inc. now owns 14,911 shares of the company’s stock valued at $2,967,000 after buying an additional 54 shares in the last quarter. Contravisory Investment Management Inc. grew its holdings in Estee Lauder Companies by 16.3% during the 2nd quarter. Contravisory Investment Management Inc. now owns 429 shares of the company’s stock valued at $79,000 after purchasing an additional 60 shares during the last quarter. First Manhattan Co. grew its holdings in Estee Lauder Companies by 15.6% during the 2nd quarter. First Manhattan Co. now owns 444 shares of the company’s stock valued at $81,000 after purchasing an additional 60 shares during the last quarter. Berman Capital Advisors LLC grew its holdings in Estee Lauder Companies by 35.0% during the 2nd quarter. Berman Capital Advisors LLC now owns 243 shares of the company’s stock valued at $44,000 after purchasing an additional 63 shares during the last quarter. Finally, Bessemer Group Inc. grew its holdings in Estee Lauder Companies by 1.5% during the 2nd quarter. Bessemer Group Inc. now owns 4,352 shares of the company’s stock valued at $797,000 after purchasing an additional 66 shares during the last quarter. Institutional investors and hedge funds own 55.00% of the company’s stock.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.