Stock Groups

Estee Lauder Earnings, Revenue Beat in Q1 -Breaking

by Mike Robinson

[ad_1]

© Reuters. Estee Lauder Earnings Beat Q1 Revenue

Investing.com Estee Lauder (NYSE: ) On Tuesday, the first quarter ended with revenue surpassing expectations. Analysts’ estimates were exceeded by the company.

Estee Lauder reported earnings per share at $1.89 for revenue of $4.39 billion. Investing.com polled analysts and predicted an EPS of $1.7 for revenue of $4.25B.

Estee Lauder shares rose 22% over the beginning of this year but are down 6.52% compared to its 52-week peak of $347.82, set in September 2. They are under-performing the S&P 500 which is up 22.83% from the start of the year.

Estee Lauder follows other major Consumer/Non-Cyclical sector earnings this month

Estee Lauder’s report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.

Coca-Cola beat all expectations with $0.65 EPS on $10.04B revenue, as compared to $0.5785 forecasted on $9.77B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, futures, indexes and Forex. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]