Estee Lauder: Fiscal Q4 Earnings Snapshot
10 Articles
10 Articles
Estee Lauder: Fiscal Q4 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Estee Lauder Companies Inc. (EL) on Wednesday reported a loss of $546 million in its fiscal fourth quarter. On a per-share basis, the New York-based company said it had a loss of $1.51. Earnings, adjusted for asset impairment costs and non-recurring costs, were 9 cents per share. The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earning…
Why Is Estée Lauder Stock Sinking Wednesday? - Estee Lauder Cos (NYSE:EL)
Estée Lauder Companies, Inc. (NYSE:EL) shares plummeted in the premarket session on Wednesday after the company reported fourth-quarter results. The company reported adjusted earnings per share of 9 cents, which is in line with the street view. Quarterly sales of $3.41 billion (down 12% year over year) outpaced the analyst consensus estimate of $3.397 billion. Also Read: Why Estée Lauder Could Be Your Next 30% Gain Skin care sales slumped 16% ye…
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