Washington – The Estée Lauder Companies Inc. (EL)
reported a profit for its second quarter that rose from the same
period last year.
The company’s earnings came in at 873 million dollars, or 2.37 dollars
This compares with 557 million dollars, or 1.52 dollars per share, in last
Excluding items, The Estée Lauder Companies Inc. reported adjusted
earnings of 960 million dollars or 2.61 dollars per share for the
Analysts had expected the company to earn 1.69 dollars per share,
to figures compiled by Thomson Reuters. Analysts’ estimates
typically exclude special items.
The company’s revenue for the quarter rose 5.0 percent to 4.85 billion
4.62 billion dollars last year.
The Estée Lauder Companies Inc. earnings at a glance:
- Earnings (Q2): 960 million dollars vs. 774
million dollars last year.
- EPS (Q2): 2.61 dollars vs. 2.11 dollars last year.
- Analysts Estimate: 1.69 dollars
- Revenue (Q2): 4.85 billion dollars vs. 4.62 billion dollars last
Next quarter EPS guidance: 1.10 – 1.20 dollars