Estee Lauder Companies Inc expected to post earnings of 48 cents a share - Earnings Preview

* Estee Lauder Companies Inc is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2024

* The New York City-based company is expected to report a 4.2% increase in revenue to $3.912 billion from $3.76 billion a year ago, according to the mean estimate from 18 analysts, based on LSEG data.The company's guidance on February 5 2024, for the period ended March 31, was for revenue between $3.87 billion and $3.94 billion.

* ​LSEG's mean analyst estimate for Estee Lauder Companies Inc is for earnings of 48 cents per share. The company's EPS guidance on February 5 2024, for the period ended March 31, was between $0.36 and $0.46

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 18 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 0.1% in the last three months. ​

* Wall Street's median 12-month price target for Estee Lauder Companies Inc is $159.00​, above​ its last closing price of $147.45. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.55 0.55 0.88 Beat 60

Sep. 30 2023 -0.20 -0.20 0.11 Beat 154.7

Jun. 30 2023 -0.03 -0.04 0.07 Beat 299​

Jan. 1 0001 0.53 0.51 0.47 Missed -7.1

​​Dec. 1.32 1.30 1.54 Beat 18.8

31 2022

Sep. 30 2022 1.32 1.31 1.37 Beat 4.7​

Jun. 30 2022 0.35 0.33 0.42 Beat 28.9

Jan. 1 0001 1.69 1.67 1.90 Beat 13.5

This summary was machine generated April 29 at 13:17 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)