Estee Lauder Companies (NYSE:EL) Issues Quarterly Earnings Results

Estee Lauder Companies (NYSE:EL) Issues Quarterly Earnings Results

Estee Lauder Companies (NYSE:EL - Get Free Report) posted its earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior y…

“A tale of different cities” – Travel retail improves for The Estée Lauder Companies but North Asia challenges remain

ELC reported improved results in Q1, driven by a stronger performance in the challenging North Asian travel retail market and steady momentum across Europe and the Americas.